Shanta Gold Limited (SHG) Receives not rated Rating from Shore Capital

Shanta Gold Limited (LON:SHG)‘s stock had its “not rated” rating reissued by equities research analysts at Shore Capital in a research report issued to clients and investors on Wednesday.

SHG has been the topic of a number of other research reports. FinnCap reissued a “buy” rating on shares of Shanta Gold Limited in a research report on Wednesday, May 24th. Peel Hunt reissued a “buy” rating and set a GBX 16 ($0.21) target price on shares of Shanta Gold Limited in a research report on Tuesday, May 23rd.

Shanta Gold Limited (LON:SHG) traded down 2.56% during midday trading on Wednesday, reaching GBX 4.75. 40,158 shares of the company traded hands. The company has a 50 day moving average price of GBX 6.22 and a 200-day moving average price of GBX 8.53. The stock’s market capitalization is GBX 27.69 million. Shanta Gold Limited has a one year low of GBX 4.33 and a one year high of GBX 13.38.

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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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