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Pan African Resources ( (GB:PAF) ) has provided an update.
Pan African Resources announced that its CEO, Cobus Loots, has disposed of 100,000 ordinary shares and settled 150,000 long contracts for difference (CFDs) in the company. Additionally, LTS Ventures, associated with Loots, sold 500,000 shares. These transactions reflect a significant change in Loots’ shareholding, impacting his direct and indirect beneficial interests in the company.
The most recent analyst rating on (GB:PAF) stock is a Buy with a £87.00 price target. To see the full list of analyst forecasts on Pan African Resources stock, see the GB:PAF Stock Forecast page.
Spark’s Take on GB:PAF Stock
According to Spark, TipRanks’ AI Analyst, GB:PAF is a Outperform.
Pan African Resources demonstrates strong financial performance and technical momentum, supported by record earnings and strategic project developments. However, challenges in cash flow management and safety issues slightly offset these strengths. The stock’s valuation is reasonable, but not particularly compelling, which tempers the overall score.
To see Spark’s full report on GB:PAF stock, click here.
More about Pan African Resources
Pan African Resources PLC is a company incorporated in England and Wales, operating in the mining industry. It is listed on the AIM and JSE stock exchanges and focuses on gold mining and related activities.
Average Trading Volume: 4,870,601
Technical Sentiment Signal: Buy
Current Market Cap: £1.56B
See more data about PAF stock on TipRanks’ Stock Analysis page.