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SHG Shanta Gold Limited

14.275
-0.25 (-1.72%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shanta Gold Limited LSE:SHG London Ordinary Share GB00B0CGR828 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -1.72% 14.275 14.20 14.35 14.45 14.25 14.40 1,732,762 15:22:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 114.06M -2.3M -0.0022 -64.86 150.04M
Shanta Gold Limited is listed in the Gold Ores sector of the London Stock Exchange with ticker SHG. The last closing price for Shanta Gold was 14.53p. Over the last year, Shanta Gold shares have traded in a share price range of 8.70p to 14.80p.

Shanta Gold currently has 1,051,467,684 shares in issue. The market capitalisation of Shanta Gold is £150.04 million. Shanta Gold has a price to earnings ratio (PE ratio) of -64.86.

Shanta Gold Share Discussion Threads

Showing 31451 to 31472 of 57550 messages
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DateSubjectAuthorDiscuss
16/8/2019
07:01
fitton,

That's an excellent option to sort out hedging issue.

We could also get a surprised production rate as Ilunga now becomes the third source of high grade underground feed from NLGM alongside Bauhinia Creek and Luika mines. This can sort out liabilities much faster.

I can see 10 bagger opportunity here 👍

338
16/8/2019
06:39
The current hedge. Lots of talk about the current hedge issue. Shanta could double from current 10p. With a market cap of about £150m at 20p they could simply issue another 5% more shares, that would cause little dilution but it could be used clear the hedge.If the vat is paid, that could be used to clear the hedge.Hindsight is a wonderful thing. Shanta look exceptional value for money at this time.
fitton
16/8/2019
05:34
Of course Q3-2019 is more relevant, AG

Gold has obviously blown through $1,400 and is moving fast toward $1,700... Shanta and shareholders are enjoying it

338
15/8/2019
21:22
Can you explain about Q3, AG?
338
15/8/2019
20:34
Will it happen before September Fed meeting?
338
15/8/2019
19:49
Gold is expected to hit $1600 in 2 weeks or so
338
15/8/2019
19:27
JC

A new high for gold against the Euro, next it will be CHF & USD

45p lookout!

imnotspartacus
15/8/2019
17:52
Gold could test its recent high this evening.
redhill
15/8/2019
17:33
Thank you...JC2706/Risa...Aug
lasata
15/8/2019
15:57
If we compare with PAF, I think Shanta should be valued at 45p as of today 👍

SHANTA is very undervalued

338
15/8/2019
15:38
o/t Take a look at PAF it looks cheap and may worth a punt.

Pan African Resources is guiding for 185,000 ounces of gold produced in financial 2020.

risa5
15/8/2019
15:36
Lasata,

My investment methodology is probably not suited to most but then my goal is probably not the same as most. I tend to go for very high risk companies in macro segments that I believe are likely to perform well. As such, at the moment I am looking at gold companies, although I feel that gold is probably due a bit of a pull back. The gold company I feel could ultimately be the biggest performer is ALTN as it is so lowly valued by the market compared to its asset. But be very careful! I also like the story at CGH who have a better team than any other in junior gold companies that I know of.

jc2706
15/8/2019
14:56
The inversion of the yield curve is an important recessionary signal. Actually, it is one of the most reliable harbingers of upcoming downturn. Recessions means risk aversion and strengthen safe-haven demand for gold. In a response to an economic slump, the central bank is expected to provide a fresh monetary accommodation, slashing interest rates. Low and falling bond yields work to make the yellow metal a more attractive investment than a positive real interest rate environment does.

The scary truth is that the total value of negative-yielding bonds around the world has hit $16 trillion, or more than 25 percent of the market. The simple math indicates that it’s better to own gold that yields nothing than to hold government bonds that yield negatively. The more negative yields rise to prominence, the brighter the shine of gold. Indeed, the current gains in gold happened despite the dollar’s strength. Gold prices expressed in several other currencies have reached multi-year heights. So it’s scary to think about how gold would perform in the absence of a strong dollar. The decline in American real interest rates – the yield on 10-year inflation-indexed Treasuries has fallen recently almost to zero – that works to dent the appeal of the greenback, taking away one more headwind from the gold price.

338
15/8/2019
14:26
Tanzania gives Acacia go-ahead to resume N Mara gold exports


hxxps://www.spglobal.com/platts/en/market-insights/latest-news/metals/081219-tanzania-gives-acacia-go-ahead-to-resume-n-mara-gold-exports

338
15/8/2019
14:23
What is there to stop Shanta lifting their $1250 gold hedge?
lasata
15/8/2019
14:10
Nope, more buys above 10p... Higher than yesterday
338
15/8/2019
14:04
Plenty of buys but price down .Figure that
juju44
15/8/2019
12:32
Market makers trying to walk this down as they are sooooooooooo short of stock.
redhill
15/8/2019
11:52
JC2706

Thank you for your comment above...interesting

What other precious miners do you rate highly?

lasata
15/8/2019
11:42
The last time they received a VAT refund was in November 2017 so if the Acacia deal is done by September, a No Deal Brexit at the end of October & a Vat refund in November with a rising gold price; I'd say we could be looking at 45p.
imnotspartacus
15/8/2019
11:38
decent volume again today
qs99
15/8/2019
11:22
10.1p to buy and 9.91p to sell
338
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