Pan African Resources (PAFRF) Expected to Post Quarterly Earnings on Wednesday

Pan African Resources (OTCMKTS:PAFRF) is anticipated to post its resultson Wednesday, September 16th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $704.5230 million for the quarter.

Pan African Resources Price Performance

Shares of PAFRF stock opened at $1.50 on Tuesday. The business’s fifty day simple moving average is $1.38 and its 200-day simple moving average is $1.72. Pan African Resources has a 12-month low of $0.80 and a 12-month high of $2.53.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group initiated coverage on Pan African Resources in a research report on Monday, August 3rd. They set a “hold” rating on the stock. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

About Pan African Resources

Pan African Resources is a South Africa–focused gold mining and exploration company with diversified operations in the country’s prolific Witwatersrand and Barberton mining districts. The company’s core business activities include the extraction, processing and sale of gold from both conventional hard rock mines and retreatment of tailings. Through its flagship Evander Gold Mines and Barberton Mines operations, Pan African produces saleable gold doré bars while continuously investing in exploration and development projects to extend mine life and enhance production efficiency.

In addition to conventional mining, Pan African Resources operates a significant tailings retreatment plant at the Elikhulu Complex, which recovers gold from historic waste material and contributes to both sustainable resource utilization and environmental rehabilitation.