Shares of Pan African Resources PLC (LON:PAF – Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 25.50 ($0.32) and last traded at GBX 23.90 ($0.30), with a volume of 4148965 shares changing hands. The stock had previously closed at GBX 24.40 ($0.30).
Analyst Ratings Changes
Separately, Berenberg Bank reissued a “buy” rating and set a GBX 25 ($0.31) price target on shares of Pan African Resources in a research report on Monday, February 5th.
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Pan African Resources Price Performance
About Pan African Resources
Pan African Resources PLC engages in the mining, extraction, production, and sale of gold in South Africa. The company's flagship projects include the Barberton Mines that consists of three underground mines, including Fairview, Sheba, and Consort located in the Barberton Greenstone Belt; and Elikhulu tailings retreatment plant in Southern Africa.
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