Shanta Gold Limited (LON:SHG) insider Robin Anthony Fryer purchased 120,000 shares of the stock in a transaction dated Wednesday, August 30th. The stock was purchased at an average price of GBX 4 ($0.05) per share, with a total value of £4,800 ($6,207.97).

Shanta Gold Limited (SHG) opened at 3.875 on Thursday. The company’s 50-day moving average price is GBX 4.08 and its 200-day moving average price is GBX 7.33. Shanta Gold Limited has a 52-week low of GBX 5.88 and a 52-week high of GBX 13.38. The firm’s market cap is GBX 29.68 million.

WARNING: “Shanta Gold Limited (SHG) Insider Robin Anthony Fryer Buys 120,000 Shares of Stock” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another domain, it was illegally copied and republished in violation of international trademark & copyright law. The legal version of this article can be accessed at https://www.thecerbatgem.com/2017/08/31/shanta-gold-limited-shg-insider-robin-anthony-fryer-buys-120000-shares-of-stock.html.

SHG has been the subject of a number of research analyst reports. FinnCap reiterated a “buy” rating on shares of Shanta Gold Limited in a report on Wednesday, May 3rd. Peel Hunt boosted their price target on Shanta Gold Limited from GBX 14 ($0.18) to GBX 16 ($0.21) and gave the company a “buy” rating in a report on Friday, May 5th. Finally, Shore Capital reiterated a “not rated” rating on shares of Shanta Gold Limited in a report on Monday, May 22nd.

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.

Receive News & Stock 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 stocks with our FREE daily email newsletter.