Shanta Gold Limited (LON:SHG) insider Ketan Patel purchased 222,885 shares of Shanta Gold Limited stock in a transaction on Monday, October 2nd. The stock was bought at an average price of GBX 6 ($0.08) per share, for a total transaction of £13,373.10 ($17,738.56).

Shares of Shanta Gold Limited (LON SHG) opened at 3.25 on Friday. Shanta Gold Limited has a 52-week low of GBX 3.00 and a 52-week high of GBX 13.38. The company’s market cap is GBX 24.90 million. The firm has a 50 day moving average price of GBX 3.69 and a 200-day moving average price of GBX 5.99.

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A number of research firms have commented on SHG. Shore Capital reiterated a “not rated” rating on shares of Shanta Gold Limited in a research report on Wednesday, July 19th. FinnCap reiterated an “under review” rating on shares of Shanta Gold Limited in a research report on Tuesday, September 12th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 16 ($0.21) price target on shares of Shanta Gold Limited in a research report on Tuesday, September 5th.

Shanta Gold Limited 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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