Pan African Resources (OTCMKTS:PAFRF) Trading Up 22.1% – Time to Buy?

Pan African Resources PLC (OTCMKTS:PAFRFGet Free Report)’s stock price shot up 22.1% on Friday . The company traded as high as $0.54 and last traded at $0.54. 1,100 shares traded hands during trading, a decline of 64% from the average session volume of 3,050 shares. The stock had previously closed at $0.44.

Pan African Resources Stock Performance

The business has a 50 day moving average price of $0.43 and a two-hundred day moving average price of $0.39.

Pan African Resources Company Profile

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Pan African Resources PLC engages in the mining, extraction, production, and sale of gold in South Africa. The company’s flagship projects include the Barberton Mines that consists of three underground mines, including Fairview, Sheba, and Consort located in the Barberton Greenstone Belt; and Elikhulu tailings retreatment plant in Southern Africa.

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