Pan African Resources (PAF) Given “Buy” Rating at Peel Hunt

Peel Hunt reissued their buy rating on shares of Pan African Resources (LON:PAF) in a research note released on Tuesday morning.

Other analysts have also recently issued research reports about the stock. Numis Securities restated a buy rating on shares of Pan African Resources in a research report on Friday, July 13th. Shore Capital reaffirmed a not rated rating on shares of Pan African Resources in a report on Thursday, September 6th.

PAF traded up GBX 0.26 ($0.00) on Tuesday, hitting GBX 8.53 ($0.11). 464,430 shares of the stock traded hands, compared to its average volume of 3,010,000. Pan African Resources has a 52 week low of GBX 6.60 ($0.09) and a 52 week high of GBX 17.25 ($0.23).

About Pan African Resources

Pan African Resources PLC engages in the exploration of precious metals in South Africa. It operates through Barberton Mines, Evander Mines, Corporate, and Funding Company segments. The company primarily explores gold ores, platinum-group elements, and coal. Its principal property is the Barberton gold project that consists of three mines, including Fairview, New Consort, and Sheba located in the Mpumalanga Province.

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