JPMorgan Chase & Co. Reiterates “Overweight” Rating for PanAust Limited (PNA)
PanAust Limited (ASX:PNA)‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase & Co. in a research note issued on Friday, Stock Ratings News reports.
Shares of PanAust Limited (ASX:PNA) traded down 0.33% on Friday, hitting A$1.530. 3,139,797 shares of the company’s stock traded hands. PanAust Limited has a 52-week low of A$1.450 and a 52-week high of A$2.570. The stock has a 50-day moving average of A$1.60 and a 200-day moving average of A$1.70. The company has a market cap of A$912.7 million and a P/E ratio of 25.16.
PNA has been the subject of a number of other recent research reports. Analysts at Morningstar reiterated a “hold” rating on shares of PanAust Limited in a research note on Tuesday, March 11th.
PanAust Limited is an Australia-based mining company. The Company is engaged in production and sale of copper-gold concentrate from the Phu Kham Copper-Gold Operation, Laos; Completion and commissioning of the Phu Kham Upgrade Project; site development work for the Phu Kham Increased Recovery Project; completion of the construction and commissioning of the Ban Houayxai Gold-Silver Project, Laos; production and sale of gold-silver dore from the Ban Houayxai Gold-Silver Operation, Laos, and exploration and evaluation of projects in Laos and Chile.
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