Pan African Resource Assessment (LON: PAF) reiterated by Peel Hunt



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Pan-African actions (LON: PAF) had their "under review" rating reiterated by research analysts Peel Hunt in a research note published Thursday, July 12.

Separately, Numis Securities reduced its target price on pan-African resources of GBX 20 ($ 0.26) to GBX 16 ($ 0.21) and established a rating LON PAF recorded a rise in its exchange rates 0.24 GBX ($ 0.00) Thursday during trading hours, to reach 7.40 GBX ($ 0.10). Pan African Resources has a minimum of GBX 6.60 ($ 0.09) and a high of 17.25 GBX ($ 0.23) for a year.

Pan African Resources Company Profile

Pan African Resources PLC engages in precious metals exploration in South Africa and operates mines Barberton, Evander Mines, Enterprises and Segments Financing . The company primarily explores gold ores, platinum group elements and coal. Its principal property is the Barberton Gold Project which includes three mines, including Fairview, New Consort and Sheba located in Mpumalanga Province; and the Evander mine in Evander, South Africa.

Further reading: Basics of price-earnings ratio

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