Shanta Gold Limited (LON:SHG) insider Robin Anthony Fryer sold 30,000 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of GBX 5 ($0.07), for a total value of £1,500 ($2,018.84).

Shanta Gold Limited (LON:SHG) opened at GBX 4.38 ($0.06) on Friday. Shanta Gold Limited has a twelve month low of GBX 3 ($0.04) and a twelve month high of GBX 12.75 ($0.17).

Several equities analysts have recently weighed in on SHG shares. Peel Hunt restated a “buy” rating and set a GBX 16 ($0.22) price target on shares of Shanta Gold in a report on Friday, August 18th. Shore Capital started coverage on Shanta Gold in a report on Tuesday, September 5th. They set a “not rated” rating for the company. Finally, FinnCap restated an “under review” rating on shares of Shanta Gold in a report on Tuesday, September 12th.

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About Shanta Gold

Shanta Gold Limited is a gold producing company engaged in the investment in gold exploration and production in Tanzania. The Company is engaged in mining, processing, exploration and related activities. Its Tanzanian-based assets include New Luika Gold Mine, Singida, Songea and Lupa Goldfield exploration.

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