Shanta Gold Limited (LON:SHG)‘s stock had its “buy” rating reiterated by research analysts at Peel Hunt in a research report issued on Thursday. They presently have a GBX 21 ($0.27) price objective on the stock. Peel Hunt’s price target points to a potential upside of 104.88% from the stock’s previous close.

Separately, FinnCap reiterated a “buy” rating and issued a GBX 12 ($0.16) target price on shares of Shanta Gold Limited in a research note on Wednesday, June 15th.

Shanta Gold Limited (LON:SHG) opened at 10.25 on Thursday. Shanta Gold Limited has a 52 week low of GBX 4.50 and a 52 week high of GBX 11.00. The company has a 50-day moving average of GBX 9.51 and a 200-day moving average of GBX 7.66. The company’s market capitalization is GBX 51.16 million.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

About Shanta Gold Limited

Shanta Gold Limited is a company with principal operations in mining, processing, exploration and related activities. The Company is engaged in gold mining, development and exploration in Tanzania. It owns 100% interest in New Luika Gold Mine located in Chunya administrative district, Mbeya region in the Lupa Goldfield of south west Tanzania.

Receive News & Ratings for Shanta Gold Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shanta Gold Limited and related companies with's FREE daily email newsletter.