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 Shares Traded Last Trade
  -0.80 -4.37% 17.50 5,328,167 10:21:48
Bid Price Offer Price High Price Low Price Open Price
17.00 18.00 18.50 17.50 18.25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 85.05 -0.90 -0.91 183
Last Trade Time Trade Type Trade Size Trade Price Currency
17:46:36 O 1,333 17.50 GBX

Shanta Gold (SHG) Latest News (6)

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Shanta Gold Investors    Shanta Gold Takeover Rumours

Shanta Gold (SHG) Discussions and Chat

Shanta Gold Forums and Chat

Date Time Title Posts
25/1/202118:30New air of urgency at Shanta Gold39,586
27/10/202008:45Shanta Moves From Explorer To Producer!24
23/10/201509:00Shanta Gold CEO: ‘I have never failed and have no intention of doing so now’-
16/6/201115:30Gold Exploration in Tanzania6,630

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Shanta Gold (SHG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-01-25 17:48:2017.501,333233.28O
2021-01-25 16:35:1917.505,697996.98UT
2021-01-25 16:09:1317.7516,8672,993.89O
2021-01-25 16:02:3417.6543,0927,605.74O
2021-01-25 16:00:2917.7545,0007,987.50O
View all Shanta Gold trades in real-time

Shanta Gold (SHG) Top Chat Posts

Shanta Gold Daily Update: Shanta Gold Limited is listed in the Mining sector of the London Stock Exchange with ticker SHG. The last closing price for Shanta Gold was 18.30p.
Shanta Gold Limited has a 4 week average price of 16.25p and a 12 week average price of 12.63p.
The 1 year high share price is 20.45p while the 1 year low share price is currently 6.35p.
There are currently 1,043,465,532 shares in issue and the average daily traded volume is 4,079,467 shares. The market capitalisation of Shanta Gold Limited is £182,606,468.10.
jc2706: I don't think that it is particularly. You quite often see this behaviour amongst junior miners. This end of the market is dominated by PIs with short time frames and usually unrealistic expectations. Unless the share price is relentlessly rising they will look for the next big thing and move on. That is often why regular news reporting leads to selling- if the price doesn't rise strongly on opening a number of holders will move on. For me SHG have just put in place what you want a miner to do. A steady cash generator with predictable production in NL with an extended mine life. Near term development potential from Singida. Blue sky exploration from Kenya. Add to that the prospect of dividends commencing and no hedge and the company looks in decent shape to provide good returns for years to come.
338: The future fundraising MUST be separated from SHG... A spin-off will increase SHG share price straight away... New SHG placing proven to be bad like what we have just experienced recently... Please consider this option, Eric 👍
chestnuts: Kenny I know and so do you and every regular poster that Shanta is undervalued or we wouldnt be here, and value is coming, all i am doing is showing where the share price is heading, all you do is look for arguments and seem to thrive when the share price goes down, now you need to deal with your problems better than you are.
12string: Yes, looking forward to Q4 2020 production update. May get a couple of RNS before end Jan (Eric knows SHG price is news driven), so regular RNS and Proactive Investor interview updates on their 3-5 year plans is bound to be ongoing. Interesting that gold's fall Friday was attributed to $-strengthening [...] and I agree with that correlation. Longer term I agree with views that the US$ is going to weaken and that will help drive US inflation. With the prospect of dividends in 2021, 50% profitable growth from New Luika plus Singida within 2 years, then potentially doubling output again from West Kenya after 5 years, Shanta doesn't need gold to rise in price in order to deliver good shareholder returns.
12string: Responding to chestnuts & fitton, On the gold price. After the 2008 crash gold soared but fell hard from 2013 to 2018. This was because inflation kept v low and the market in general was supported in the uptrend by QE. The same could happen this time, with gold falling to around $1350. But I don't think that will happen. My optimistic scenario is that price inflation (in the US) gets to 3% within 6 months which would significantly reduce the attractiveness of bonds, the annual return from which would be far less than 3%. Hence gold would become the preferred "safe" investment, especially if the overpriced US stockmarkets finally crash. The reality may well be stagflation during 2021 and then rising inflation for the following few years. And maybe the US stockmarket bubble will continue to grow for a couple of years yet. In this scenario, I expect Shanta to make quite modest profits (after all the investment in Singida and West Kenya. EBITDA is not profit, and though Market Cap/EBITDA is only around 2 at present, the majority of Shanta's cashflow is going to fund exploration and the building of two new processing plants. That in my opinion is going to create caution and stop SHG from flying too high too fast. If gold price doesn't stay above $1700, Shanta may require another placing to fund West Kenya. It's going to take over 3 years to get production out of West Kenya, but the nearer we get, the less will be the perceived risk. Once West Kenya is producing, and the rate of CapEx falls back, profits will surge. IMO, only then will we see the potential of West Kenya appear in the share price. So, bearing all that in mind, and so long as Shanta start paying a dividend in 2021, I can see SHG rising gradually over 3 years, and then accelerating once West Kenya production is de-risked. To make a guess, I'd say 25p by the end of 2021 rising to 50p within 6 months of West Kenya coming on stream and 100p within 12 months after production starts. As I said - cheap at 17p.
12string: This BB is supposed to be about SHG Shanta. Bitcoin trading is no better than playing a 1-arm bandit! So, in support of SHG as an investment ... The share price has risen over 3-fold in 12 months The company is set to increase production nearly 3-fold in the next 3 years or so Shanta have no debt and probably will generate enough cash to realise this growth Shanta is highly profitable and professionally managed Shanta has no further obligation to hedge against a falling gold price. SHG shares @ 17p are very cheap, valued at little more than twice cashflow What is there not to like???? People who are short term trading looking to trade share price volatility are gambling. And then blaming Shanta and MM's for their poor luck if the share price falls. Investing in shares is a long term commitment. Stay in and stay calm and you will be rewarded. Short term share price volatility is bound to happen. SHG is a great company with great prospects. Just watch the gold price. If the US succeed fail to stoke price inflation, SHG will not reach 25p. If price inflation takes hold, then I can see 50p or more within 2-3 years.
fitton: Charts are interesting but all businesses perform in different ways.Just for interest, if Shanta suddenly stopped producing for any reason th share price would collapse and the chart would be irrelevant.I have been following AAZ for a long time and there market cap was double that of Shanta earlier this year.Now Shanta has a greater market cap.AAZ have generally been underperforming for a good few months now for a couple of reasons.Shanta should start to perform much better without the hedge, no debt and increasing production.Charts are very useful but care should be taken by anyone relying of charts to predict future share price potential.Very interesting stuff either way.I am hoping the charts are correct and my expectation of 30p plus next year is way below the actual share price performance.Good luck to all
fitton: The Shanta share price is fairly illiquid at times.Market markers tend to mark down heavily when sellers appear.Institutions don't care about the short term and maybe the type of private share holder in Shanta is fairly speculative and not prepared or even able to hold during more volitile times.My experience is trying to call the share price of a stock such as Shanta in more volitile trading is pointless.Clearly the share price is no relevant to the fair value of the company at this moment.If gold falls to $1200 then it woud be a fair point to see such to fall in the share price.Everyones getting out of gold but im not certain it is going to fall as fare as some are predicting.At this moment in time Shanta appear to be very good value at 13p and still making £1000 oz.I always remenber looking at the share prices in the FT and looking at the range of most share prices in 1 year and its amazing how much they all fluctate.Hopefully the 13p will be the years low from here, only time will tell.
338: Kenny, I am optimistic on SHG and Bitcoin... You keep moaning when share price going down... for me share price up or down movement is normal... I will get my price target at the end optimistically... 🚀
greggphilips88: I'd welcome comments on whether recent political events in Tanzania are impacting share price? Geopolitical risk is obviously an ongoing discount to this type of share price, but has it played a part in recent falls to this level for SHG?
Shanta Gold share price data is direct from the London Stock Exchange
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