Anglo Pacific Group (LON:APF) Shares Cross Above 200 Day Moving Average of $133.21

Anglo Pacific Group plc (LON:APF) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 133.21 ($1.81) and traded as high as GBX 145.80 ($1.98). Anglo Pacific Group shares last traded at GBX 143 ($1.94), with a volume of 460,958 shares trading hands.

A number of equities research analysts have recently weighed in on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 170 ($2.31) price target on shares of Anglo Pacific Group in a report on Monday, October 25th. Peel Hunt reissued a “buy” rating and set a GBX 170 ($2.31) target price on shares of Anglo Pacific Group in a report on Monday, October 25th. Berenberg Bank boosted their target price on Anglo Pacific Group from GBX 170 ($2.31) to GBX 180 ($2.44) and gave the stock a “buy” rating in a report on Thursday, January 6th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a GBX 220 ($2.99) target price on shares of Anglo Pacific Group in a report on Friday, November 12th.

The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 34.74. The stock has a market cap of £305.71 million and a price-to-earnings ratio of -84.12. The company’s 50-day simple moving average is GBX 132.35 and its 200-day simple moving average is GBX 133.21.

In other Anglo Pacific Group news, insider Julian Treger sold 83,000 shares of Anglo Pacific Group stock in a transaction that occurred on Tuesday, December 14th. The shares were sold at an average price of GBX 130 ($1.76), for a total transaction of £107,900 ($146,463.96). Also, insider Robert Stan acquired 12,350 shares of the stock in a transaction on Wednesday, January 5th. The shares were purchased at an average price of GBX 137 ($1.86) per share, for a total transaction of £16,919.50 ($22,966.61). In the last 90 days, insiders sold 248,000 shares of company stock worth $32,010,000.

Anglo Pacific Group Company Profile (LON:APF)

Anglo Pacific Group plc operates as a natural resources royalty and streaming company. The company, together with its subsidiaries, engages in securing natural resources royalties and streams by acquisition and through investment in mining and exploration interests in coking and thermal coal, cobalt, iron ore, copper, vanadium, uranium, gold, silver, nickel, and anthracite properties primarily in Australia, North and South America, and Europe.

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