Peel Hunt Boosts Petropavlovsk (LON:POG) Price Target to GBX 40

Petropavlovsk (LON:POG) had its target price boosted by Peel Hunt from GBX 31 ($0.38) to GBX 40 ($0.49) in a research note issued to investors on Wednesday, Stock Target Advisor reports. The firm currently has an add rating on the mining company’s stock.

Other research analysts have also recently issued research reports about the stock. Canaccord Genuity upped their target price on shares of Petropavlovsk from GBX 22 ($0.27) to GBX 39 ($0.48) and gave the stock a buy rating in a research report on Friday, July 10th. Shore Capital reiterated a not rated rating on shares of Petropavlovsk in a report on Thursday, April 23rd.

LON POG opened at GBX 36.20 ($0.45) on Wednesday. Petropavlovsk has a 52 week low of GBX 9.09 ($0.11) and a 52 week high of GBX 40.50 ($0.50). The company has a current ratio of 1.18, a quick ratio of 0.33 and a debt-to-equity ratio of 97.97. The stock has a market cap of $1.20 billion and a price-to-earnings ratio of 45.25. The company has a 50-day moving average price of GBX 29.39 and a two-hundred day moving average price of GBX 22.52.

Petropavlovsk Company Profile

Petropavlovsk PLC operates as a gold exploration, development, and mining company in the Russian Far East. The company's principal mining assets include Pioneer, Albyn, Pokrovskiy, and Malomir located in the Amur region. It also produces silver deposits. In addition, the company provides management, finance, construction, project and engineering, research, repair and maintenance, transportation services; produces explosive materials; and operates educational institutes.

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