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Share Name Share Symbol Market Type Share ISIN Share Description
Shanta Gold LSE:SHG London Ordinary Share GB00B0CGR828 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.17p -3.09% 5.34p 1,864,984 15:47:40
Bid Price Offer Price High Price Low Price Open Price
5.20p 5.48p 5.51p 5.34p 5.51p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 76.52 2.62 0.45 11.3 41.5

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Shanta Gold (SHG) Discussions and Chat

Shanta Gold Forums and Chat

Date Time Title Posts
18/1/201920:35New air of urgency at Shanta Gold28,292
06/10/201618:40Shanta Moves From Explorer To Producer!22
23/10/201509:00Shanta Gold CEO: ‘I have never failed and have no intention of doing so now’-
28/11/201111:23Shanta-
16/6/201115:30Gold Exploration in Tanzania6,630

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Shanta Gold (SHG) Top Chat Posts

DateSubject
20/1/2019
08:20
Shanta Gold Daily Update: Shanta Gold is listed in the Mining sector of the London Stock Exchange with ticker SHG. The last closing price for Shanta Gold was 5.51p.
Shanta Gold has a 4 week average price of 4.45p and a 12 week average price of 4.05p.
The 1 year high share price is 6.50p while the 1 year low share price is currently 3.90p.
There are currently 777,184,685 shares in issue and the average daily traded volume is 938,146 shares. The market capitalisation of Shanta Gold is £41,501,662.18.
17/1/2019
20:58
augustusgloop: Redhill, Look at the share price. They may not be posting on here - but its clear that a lot of real investors agree with me. If the institutional analysts believed the Directors' claims, the market cap would be 3 times its present value.
02/1/2019
16:45
redhill: QS99 I thought for the last few days trading that one of the Market Makers was struggling to fill an order. Only time will tell if it shows up at about 6.2p. Once they started to drop the price they lost control and maybe encouraged too much selling. I do however believe the share price will quickly recover to over 6p and the closer we get too an announcement will push on past 7p. IMHO
31/12/2018
10:11
imnotspartacus: VAT returned would catapult the share price as this would mean debt free by June and possibly the start of dividends, what would people then?
05/12/2018
10:11
jc2706: Singida also looks like a reasonable investment although the 8% discount and gold target prices are not as conservative as I would like them to be. Given the level of cash generation currently and the fact that they are talking about a dividend policy, I would prefer that they either focus on NL, delayed developing Singida and paid a dividend or utilised the capital to develop Singida without a dividend. The fact that they are looking for external financing at a project level (which is going to be difficult and, hence, expensive to get given the investment environment in Tanzania currently) suggests that they cannot do all of it and they would likely end up giving away more of the project profitability at this stage than they would probably like. A dividend policy/distribution would result in a more immediate share price rise at the expense of future growth.
03/9/2018
08:22
atlantic57: Augustus your comments on Medusa mining proved to be 100% accurate.The share price Absolutely tanked from a very loft position to probably around 10% of the high. On shg though the share price has been trading in a very narrow band for some time now. so what is your time frame for dramatic share price movement.
22/3/2018
04:34
redtrend: Deja-vu as we touched upon AAZ versus SHG back in September. At that point AAZ was 32p and Shanta 3.5p. Now SHG is 5p and AAZ 36p. Both should do very well with gold over $1,300, but let's see if SHG gets to 10p before AAZ gets to 72p. My money is on SHG (literally), for many reasons. The most obvious way to follow the money is net debt/ cash. AAZ have had a very good 2017, reducing net debt from $34.6m to 18.3m. And yes they report it in the exact same way SHG does and all other miners (Interest bearing loans and borrowings only + Cash, Cash Equivalents). As of their last interims end of June 17, AAZ trade payables were $6m more than their receivables. For Shanta, the focus on Profit rather than changes to net debt/ cash is completely misplaced and disingenuous after a 3yr Capex programme of >$100m. I honestly still don't understand why some are focusing on profit rather than net debt/ cash at this stage in SHG's cycle. It is impossible to know how SHG and its auditors will depreciate assets over the current Mine Plan (Life of Mine) and what decisions/ assumptions they will take based on the planned extension to LoM in future. For those that believed a placing was going to occur, you have relied on a misplaced assumption that past = present and future. That SHG would continue spending Capex at New Luika at the same rate. 2018 will be the year the market comes to realise this is not the case and the share price will adjust accordingly, barring any external influences.
14/6/2017
16:38
augustusgloop: How much would a gold miner in Tanzania making £5m a year profit be worth? Given the political uncertainty and the usual P/E ratios of AIM miners - a PE of about 5 would be reasonable - IF the company had little debt and didn't have to soon spend a huge amount on CAPEX. Thus, such a company would be expected to have a Market Cap of about £25m. ------------- SHG has a Market Cap of about £43m Makes a LOSS of about £5m Has a load of debt Needs to spend a huge amount on CAPEX over the next 12 months. ------------- Inevitable conclusion: Unless the POG hits $1,600 quickly --- there is a lot of downside risk for the SHG share price. SELL SELL SELL SELL SELL
06/1/2017
19:48
atlantic57: ag The audited accounts can be the only reasonable guide for any analysis in my opinion. However i suspect that Shg share price preformnance like many junior miners is going to be linked to the price of gold even though they have hedged substantial portions of gold production.
24/10/2016
13:46
338: Ag's troll provides power thrust to SHG share price... :) come on ag... keep pushing SHG to £1 ... lol
05/8/2016
16:30
nielsc: Hazl,Exactly. My buys in the 4 and 5p range have done very well. Bought quite a few higher, but overall happy with SHG progress.I believe we are in a gold market bull and SHG share price should start to reflect this as they become less hedged.Perfect gold and silver slam today on do doubt ropey data.Cheers,Niels
Shanta Gold share price data is direct from the London Stock Exchange
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