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Petropavlovsk PLC 101.7% Potential Upside Indicated by Canaccord Genuity

Petropavlovsk PLC using EPIC/TICKER code LON:POG had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SPECULATIVE BUY’ this morning by analysts at Canaccord Genuity. Petropavlovsk PLC are listed in the Basic Materials sector within UK Main Market. Canaccord Genuity have set a target price of 12 GBX on its stock. This indicates the analyst now believes there is a potential upside of 101.7% from today’s opening price of 5.95 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.25 points and increased 0.35 points respectively. 

Petropavlovsk PLC LON:POG has a 50 day moving average of 6.67 GBX and a 200 day moving average of 9.16 GBX. The 1 year high share price is 16.12 GBX while the year low stock price is currently 2.15 GBX. There are currently 382,687,639 shares in issue with the average daily volume traded being 8,884,856. Market capitalisation for LON:POG is £195,511,198 GBP.

Petropavlovsk PLC is a United Kingdom-based gold mining company engaged in mining lifecycle, from identifying prospective areas, to exploration, development, mining and processing. The Company operates four hard-rock gold mines based in Russia located in the Amur region, Russian Far East, and a number of alluvial projects.

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