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PAF Pan African Resources Plc

20.55
-0.15 (-0.72%)
Last Updated: 08:32:40
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pan African Resources Plc LSE:PAF London Ordinary Share GB0004300496 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.15 -0.72% 20.55 20.40 20.60 21.00 20.40 21.00 390,744 08:32:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 321.61M 60.74M 0.0317 6.53 396.72M
Pan African Resources Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker PAF. The last closing price for Pan African Resources was 20.70p. Over the last year, Pan African Resources shares have traded in a share price range of 11.92p to 22.30p.

Pan African Resources currently has 1,916,503,988 shares in issue. The market capitalisation of Pan African Resources is £396.72 million. Pan African Resources has a price to earnings ratio (PE ratio) of 6.53.

Pan African Resources Share Discussion Threads

Showing 10776 to 10787 of 14975 messages
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DateSubjectAuthorDiscuss
28/7/2019
08:24
Gold is glittering, so it may be time to take a shine to silver too

In troubled times, investors look to precious metals as a haven




Gold has been enjoying a rally — but when it started its climb earlier this year, the price of silver suffered. Now experts say this could be a sign that silver too is about to surge.

They have analysed data that looks at the price of silver relative to that of gold, known — logically enough — as the gold/silver ratio.

Essentially this measures the amount of silver, in ounces, required to buy an ounce of gold. Last week, the ratio stood at 88:1.

This is the same level as before the gold price started its current upward trajectory in May. The ratio peaked at 93:1 earlier this month.

This shows that, while gold rose, silver suffered by comparison.

stonedyou
19/7/2019
12:21
Some volume today...
astjgroom
12/7/2019
11:13
Agreed not unfeasible by any stretch
juuunx2
12/7/2019
09:31
Good numbers. Would be great indeed to see dividend reinstated....

DL

davidlloyd
12/7/2019
08:26
Dividend certain to be reinstated IMO come results day in September.
justiceforthemany
12/7/2019
07:12
Yeh, but we could see another if it pops up again
astjgroom
12/7/2019
07:05
Strong update. Surprised they haven't done more of that gold loan to hedge the price and reduce interest.
18bt
12/7/2019
06:36
Really good numbers this morning. They left themselves a lot to achieve in Q4 to hit full year guidance but have delivered.
Current gold price bodes well for the future. Seems to be forming a base at above $1,400.

podgyted
12/7/2019
06:36
Looks good with the exception of Barberton disruptions due to outside people. Production 173k oz as opposed to 111oz last year! Hope the share price reflects this today. 20k oz buy looks a good idea at 1414 per Oz.
astjgroom
10/7/2019
10:49
II playing with price
Open is a a UT trade ie matched price in auction
Nearest mm now moved to 11p
is this about to break?

ntv
07/7/2019
14:18
Interesting.....



Is this the right time to sprinkle gold dust on your portfolio? Veteran manager Mobius says 'hold gold'


•Gold price has climbed to a six-year high of more than $1,413 (£1,125) an ounce

•Mark Mobius, a long-time investor in emerging markets, said he 'loved' gold

•Mobius says investors should have 10% of assets in the precious metal


When one of the world's leading fund managers, renowned for his passion for

equities, says every investor's portfolio should have a heavy dose of exposure to

gold, it is time to sit up and listen.

That is exactly what happened last week when veteran manager Mark Mobius, a long-

time investor in emerging markets, said he 'loved' gold and that investors should

have at least 10 per cent of their assets in the precious metal.

His comments came as its price climbed to a six-year high of more than $1,413

(£1,125) an ounce.




It confidently predicts that by the end of the year, the all-time peak of £1,195 –

reached in the summer of 2011 when debt crises were sweeping across Europe and the

United States – could look 'cheap'.

The surge in gold prices has been fuelled by a number of factors including

mounting geopolitical tensions in the Middle East, the continued trade war between

the United States and China, and downward pressure on interest rates. This basket

of concerns has highlighted gold's status as a store of value and a safe haven

during times of uncertainty.



On Friday, we caught up with 82-year-old Mobius, who last year launched the Mobius

Investment Trust, at his home in Singapore. He was on top form, having just

published his latest investment book: Invest For Good.


Although he said his £100million trust had no exposure to gold – its rules

prohibit it from holding physical gold – he confirmed his love for it. 'For an

investor, it makes sense to hold some gold since it is uncorrelated to other

assets such as bonds and equities,' he said.

'Of course, gold does not pay a dividend like most stock market listed companies,

but in times of strife and calamity, shares can be hit hard and physical gold

provides a safe haven. Gold, I feel, provides a foundation stone in an investor's

portfolio.'

Mobius is not alone in highlighting the virtues of gold. Other investment managers

have also been gently increasing their exposure to the asset or continue to hold

it as part of their diversified portfolios.

stonedyou
28/6/2019
17:07
Not sure what happened to the share price mid-afternoon. Sudden collapse with UT at 10p?!
justiceforthemany
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