Shanta Gold (SHG) PT Lowered to GBX 13 at Peel Hunt

Shanta Gold (LON:SHG) had its target price cut by Peel Hunt from GBX 16 ($0.22) to GBX 13 ($0.17) in a research report released on Thursday. They currently have a buy rating on the stock.

SHG has been the topic of a number of other research reports. Shore Capital began coverage on shares of Shanta Gold in a research note on Tuesday, September 5th. They issued a not rated rating on the stock. FinnCap restated an under review rating on shares of Shanta Gold in a research note on Tuesday, September 12th.

Shanta Gold (LON:SHG) opened at GBX 4.50 ($0.06) on Thursday. Shanta Gold has a 1-year low of GBX 3 ($0.04) and a 1-year high of GBX 12.75 ($0.17). The company has a market cap of $21.24 and a price-to-earnings ratio of -450.00.

In related news, insider Robin Anthony Fryer sold 30,000 shares of the stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of GBX 5 ($0.07), for a total transaction of £1,500 ($2,018.84). Also, insider Ketan Patel acquired 222,885 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were acquired at an average price of GBX 6 ($0.08) per share, for a total transaction of £13,373.10 ($17,998.79).

ILLEGAL ACTIVITY NOTICE: This report was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this report can be accessed at

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.

Receive News & Ratings for Shanta Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shanta Gold and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply