Key stats
About PAN AFRICAN RESOURCE PLC
Sector
Non-Energy Minerals
Industry
Precious Metals
CEO
Cobus Loots
Website
panafricanresources.com
Headquarters
Johannesburg
Employees
2.198K
Founded
2000
ISIN
GB0004300496
Pan African Resources Plc engages in the exploration, mining and production of precious metals. It operates through the following segments: Barberton Mines, Evander Mines, Corporate Office & Other, and Funding Company. The Barberton Mines segment sells gold to financial institutions located in Barberton, South Africa. The Evander Mines segment offers gold to financial institutions located in Evander, South Africa. The Corporate Office & Other segment includes agricultural, environmental, social & governance, and solar projects. The Funding Company segment is the centralized treasury function of the Group located in Johannesburg. The company was founded on February 25, 2000 and is headquartered in Johannesburg, South Africa.
$JSEPAN - Pan African Resources: Stuck In A Contracting TrianglePAN released a trading statement today for the six months ended 31 December 2022.
HEPS and EPS are expected to decrease between 31% and 41%.
The decreases in EPS and HEPS for the Current Reporting Period, relative to the Corresponding Reporting Period, are largely as a result of an 19.2% decrease in
PAN Close to Resumption of UptrendThe share is in a bearish wedge with expectation to break to the downside. The move down would have extend further but is expected to be halted by the bottom trendline of the channel. Open a long position on price finding support at trendline or when it makes a swing low indicating a reversal to the
Pan Africa showing upside to R4.16Another Penny Stock ready to rock.
Pan Africa has formed an Ascending Triangle with the break to the upside on Friday.
We can now expect the share to head to R4.16.
Bullish.
PAN AFRICA Neutral analysis but hoping upSymmetrical Triangle
Equal chance of a breakout.
Break up - Target R6.04
Break down - target - R1.00
NEUTRAL ANALYSIS
I do have hope for Pan Africa as it's one of the rare companies that deal with innovative technology for gold extraction. Also with inflation kicking in, this will pick up the pric
LONG PAN AFRICAN RESOURCESI am longing pan african resources feel it has potential for 10 percent move
Watching PAN for long posPrice has formed this long flag setup, and found support on WEMA200, looking for a long position with a close above 365 on the weekly chart. As always manage your risk.
Annual report released. This stock is undervaluedPAF released their annual report today.
Positive
Yearly earnings up 63% , now PER is at about 4. This is incredible !!!
Insiders (CEO and financial executive) bought a lot of shares recently
Dividend will increase 28.5% (vote in November)
Stock buy-back announced (to be precised later)
Awai
PAN on supportPAN trading on horizontal support. If price can stay above R3.10 on a closing basis look for a bounce to the 50dma and then R3.80 as possible targets.
Trade ideas are my own and not financial advice.
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
