Pan African Resources (LON:PAF) Shares Pass Below 200-Day Moving Average – Time to Sell?

Posted by Hanz Christensen on Jul 11th, 2026

Pan African Resources PLC (LON:PAF – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 135.12 and traded as low as GBX 91.69. Pan African Resources shares last traded at GBX 94.35, with a volume of 2,859,062 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their price target on shares of Pan African Resources from GBX 165 to GBX 153 and set a “buy” rating for the company in a research report on Monday, June 1st. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 156.50.

Read Our Latest Report on PAF

Pan African Resources Trading Down 1.2%

The business has a 50 day moving average price of GBX 120.51 and a 200 day moving average price of GBX 135.12. The company has a market capitalization of £1.91 billion, a P/E ratio of 7.89, a PEG ratio of 8.95 and a beta of 0.70. The company has a current ratio of 0.98, a quick ratio of 0.74 and a debt-to-equity ratio of 19.51.

Insider Activity at Pan African Resources

In related news, insider Keith Spencer sold 1,000,000 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of GBX 157, for a total transaction of £1,570,000. 2.07% of the stock is currently owned by corporate insiders.