Shanta Gold Limited Given Buy Rating at FinnCap (SHG)
Shanta Gold Limited (LON:SHG)‘s stock had its “buy” rating restated by FinnCap in a research note issued on Monday. They currently have a GBX 17.30 ($0.29) price target on the stock. FinnCap’s price target would suggest a potential upside of 45.38% from the stock’s previous close.
Shanta Gold Limited (LON:SHG) opened at 12.325 on Monday. Shanta Gold Limited has a 1-year low of GBX 11.75 and a 1-year high of GBX 16.00. The stock’s 50-day moving average is GBX 12.91 and its 200-day moving average is GBX 14.24.
Shanta Gold Limited is engaged in gold exploration, development and mining in Tanzania. The Company’s properties include New Luika, Lupa Goldfields , Singida, Mgusu, and Songea.
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