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

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

POG has been the subject of several other research reports. Canaccord Genuity lifted their price target on Petropavlovsk from GBX 22 ($0.27) to GBX 39 ($0.48) and gave the stock a buy rating in a research note on Friday, July 10th. Shore Capital reaffirmed a not rated rating on shares of Petropavlovsk in a research note on Thursday, April 23rd.

Shares of LON POG opened at GBX 36.20 ($0.45) on Wednesday. The firm has a market capitalization of $1.20 billion and a P/E ratio of 45.25. Petropavlovsk has a one year low of GBX 9.09 ($0.11) and a one year high of GBX 40.50 ($0.50). The company’s fifty day moving average is GBX 29.39 and its two-hundred day moving average is GBX 22.52. The company has a debt-to-equity ratio of 97.97, a quick ratio of 0.33 and a current ratio of 1.18.

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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