Shanta Gold Limited (SHG) Insider Anthony Durrant Acquires 423,888 Shares

Shanta Gold Limited (LON:SHG) insider Anthony Durrant bought 423,888 shares of the business’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was purchased at an average price of GBX 6 ($0.08) per share, with a total value of £25,433.28 ($34,006.26).

Shanta Gold Limited (LON SHG) opened at GBX 5.35 ($0.07) on Wednesday. The firm has a market cap of $26.47 and a PE ratio of -535.00. Shanta Gold Limited has a fifty-two week low of GBX 3 ($0.04) and a fifty-two week high of GBX 12.75 ($0.17).

Several research analysts have weighed in on the stock. Peel Hunt lowered their price target on shares of Shanta Gold from GBX 16 ($0.21) to GBX 13 ($0.17) and set a “buy” rating on the stock in a report on Thursday, December 21st. FinnCap reissued an “under review” rating on shares of Shanta Gold in a report on Tuesday, September 12th. Finally, Shore Capital assumed coverage on shares of Shanta Gold in a report on Tuesday, September 5th. They issued a “not rated” rating on the stock.

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Shanta Gold Company Profile

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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