Peel Hunt reissued their buy rating on shares of Pan African Resources (LON:PAF) in a report issued on Friday morning, ThisIsMoney.Co.Uk reports.

PAF opened at GBX 20.50 ($0.25) on Friday. The company has a fifty day moving average price of GBX 17.10 and a 200-day moving average price of GBX 13.46. The firm has a market capitalization of $395.31 million and a P/E ratio of 7.88. The company has a debt-to-equity ratio of 58.75, a current ratio of 0.53 and a quick ratio of 0.36. Pan African Resources has a one year low of GBX 8.32 ($0.10) and a one year high of GBX 21.53 ($0.27).

Pan African Resources Company Profile

Pan African Resources PLC engages in the exploration of precious metals in South Africa. The company primarily explores for gold deposits. Its flagship property is the Barberton Mine that consists of Fairview, New Consort, and Sheba mines located in the Mpumalanga province. The company was incorporated in 2000 and is headquartered in Johannesburg, South Africa.

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