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

Pan African Resources (LON:PAF)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research note issued to investors on Wednesday.

Separately, Numis Securities restated a “buy” rating and set a GBX 16 ($0.21) price target on shares of Pan African Resources in a research note on Friday, February 1st.

LON:PAF opened at GBX 10.96 ($0.14) on Wednesday. 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).

Pan African Resources Company Profile

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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