Shanta Gold Limited (LON:SHG)‘s stock had its “buy” rating restated by equities research analysts at FinnCap in a research note issued to investors on Monday. They currently have a GBX 17.30 ($0.28) price target on the stock. FinnCap’s price objective would indicate a potential upside of 84.53% from the company’s current price.


Shanta Gold Limited (LON:SHG) traded up 5.63% during mid-day trading on Monday, hitting GBX 9.375. 1,684,256 shares of the company’s stock traded hands. Shanta Gold Limited has a 52 week low of GBX 9.00 and a 52 week high of GBX 16.00. The stock has a 50-day moving average of GBX 11.42 and a 200-day moving average of GBX 13.34.


Shanta Gold Limited is engaged in gold exploration, development and mining in Tanzania. The Company’s properties include New Luika, Lupa Goldfields , Singida, Mgusu, and Songea.


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