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Shanta Gold Ltd. (LON: SHG) Revised Notation

Shanta Gold Ltd. (LON: SHG) Action The Market Note has been reiterated by Analts Peel Hunt analysts in the analyst report shared with investors and clients on Friday, July 20.

Cover of Shanta Gold Limited (LON: SHG)

Among 2 analysts covering Shanta Gold Ltd (LON: SHG), 2 have 0 Sell and 0 Hold. Therefore, 100% are positive. Shanta Gold Ltd has GBX 13 higher and GBX 12 target lower. The average goal of GBX 12.50 is 123.21% above GBX 5.6 prices. Shanta Gold Ltd has had 11 analyst reports since January 22, 2018 according to SRatingsIntel. The title of Shanta Gold Limited (LON: SHG) was rated "Buy" by Peel Hunt on Wednesday, July 18th. The company was held on Friday, April 20 by Numis Securities. The title of Shanta Gold Limited (LON: SHG) was rated "Buy" on Thursday, April 19 by Peel Hunt. The rating was maintained by Numis Securities on Friday, July 20th with "Buy". The rating was maintained by Numis Securities on Tuesday, April 17 with "Buy". The rating was maintained by Peel Hunt with "Purchase" on Friday, July 20th. Peel Hunt maintained SHG's shares in its April 27 report with the "Buy" rating. The title of Shanta Gold Limited (LON: SHG) was rated "Buy" on Monday, June 4th by Peel Hunt. The rating was maintained by Numis Securities on Thursday, June 21st with "Buy". The company was held Thursday, June 14 by Peel Hunt

The stock fell 0.88% or 0.05 GBX during the last trading session, reaching 5.7 GBX. Approximately 169,791 shares were traded. Shanta Gold Limited (LON: SHG) has 0.00% since July 20, 2017 and is. It underperformed the S & P500 by 12.57%.

Shanta Gold Limited is engaged in the mining, development and exploration of gold in Tanzania. The company has a market capitalization of GBP 43.62 million. It holds a 100% interest in the property of the New Luika Gold Mine located in the Lupa Goldfield District in southwestern Tanzania; 90% interest in the Singida project located in central Tanzania; and exploration properties covering approximately 1,300 square kilometers in the ex-colonial explored mining areas of Lupa Goldfield surrounding the New Luika gold mine, as well as 65 square kilometers of prospecting permits in Songea in the south West of Tanzania. It has a P / E ratio of 9.33

By Marie Mckinney