Petropavlovsk PLC (POG) Price Target Raised to GBX 7.80
Petropavlovsk PLC (LON:POG) had its target price hoisted by SP Angel from GBX 7.30 ($0.10) to GBX 7.80 ($0.10) in a research note issued on Wednesday. The firm presently has a “hold” rating on the mining company’s stock. SP Angel’s price objective points to a potential upside of 14.54% from the stock’s current price.
Separately, Beaufort Securities restated a “hold” rating on shares of Petropavlovsk PLC in a report 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. Petropavlovsk PLC currently has an average rating of “Hold” and a consensus price target of GBX 25.74 ($0.34).
Petropavlovsk PLC (LON:POG) traded down 2.06% during mid-day trading on Wednesday, hitting GBX 6.67. The company had a trading volume of 11,847,641 shares. Petropavlovsk PLC has a 12-month low of GBX 5.09 and a 12-month high of GBX 9.11. The firm’s market capitalization is GBX 220.36 million. The company’s 50 day moving average price is GBX 6.99 and its 200-day moving average price is GBX 7.50.
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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