Petropavlovsk PLC (POG) Given New GBX 7.80 Price Target at SP Angel
Petropavlovsk PLC (LON:POG) had its price target raised by equities researchers at SP Angel from GBX 7.30 ($0.10) to GBX 7.80 ($0.10) in a report issued on Wednesday. The brokerage presently has a “hold” rating on the mining company’s stock. SP Angel’s target price would suggest a potential upside of 17.12% from the company’s previous close.
Separately, Beaufort Securities restated a “hold” rating on shares of Petropavlovsk PLC in a research note on Tuesday, June 14th. Three equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 25.74 ($0.34).
Petropavlovsk PLC (LON:POG) traded up 5.55% during trading on Wednesday, reaching GBX 6.66. The company’s stock had a trading volume of 9,197,344 shares. The firm has a 50 day moving average of GBX 6.92 and a 200 day moving average of GBX 7.48. Petropavlovsk PLC has a 52 week low of GBX 5.09 and a 52 week high of GBX 9.11. The stock’s market capitalization is GBX 220.03 million.
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Petropavlovsk PLC Company Profile
Petropavlovsk PLC is a gold mining company. The Company operates gold mines in Russia in terms of their gold production output, processing capacity and resource base. The Company’s operating segments include Pokrovskiy, Pioneer, Malomir and Albyn hard-rock gold mines which are engaged in gold and silver production, as well as field exploration and mine development; Alluvial operations segment, which comprises various alluvial gold operations which are engaged in gold production and field exploration, and Corporate and other segment, which amalgamates corporate administration, in-house geological exploration and construction, engineering and scientific operations, and other supporting in-house functions, as well as various gold projects and other activities.
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