Shanta Gold Limited (SHG) Receives “not rated” Rating from Shore Capital
Shanta Gold Limited (LON:SHG)‘s stock had its “not rated” rating reiterated by stock analysts at Shore Capital in a report released on Wednesday.
Several other equities analysts also recently weighed in on the stock. FinnCap reiterated an “under review” rating on shares of Shanta Gold Limited in a research note on Tuesday, June 20th. Peel Hunt reiterated a “buy” rating and issued a GBX 16 ($0.21) target price on shares of Shanta Gold Limited in a research note on Tuesday, May 23rd.
Shanta Gold Limited (LON SHG) traded down 2.56% during mid-day trading on Wednesday, reaching GBX 4.75. 40,158 shares of the company’s stock were exchanged. The stock’s market cap is GBX 27.69 million. The company has a 50-day moving average of GBX 6.22 and a 200-day moving average of GBX 8.53. Shanta Gold Limited has a 52-week low of GBX 4.33 and a 52-week high of GBX 13.38.
About Shanta Gold Limited
Shanta Gold Limited is a gold producing company engaged in the investment in gold exploration and production in Tanzania. The Company is engaged in mining, processing, exploration and related activities. Its Tanzanian-based assets include New Luika Gold Mine, Singida, Songea and Lupa Goldfield exploration.
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