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Shanta Gold Ltd (LON:SHG) target price held steady at 16.00GBX, reported today by Peel Hunt

Shanta Gold Ltd (LON:SHG) had its target hold steady to 16.00GBX by Peel Hunt in an issued report issued 5/23/2017. The updated stock price target indicates a possible upside of 0.94% based on the company's previous stock price.

Just yesterday Shanta Gold Ltd (LON:SHG) traded -0.74% lower at 8.25GBX. The company’s 50-day moving average is 3.60GBX and its 200-day moving average is 5.48GBX. The last stock close price is up -38.88% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 472,152 shares of the stock were exchanged, down from an average trading volume of 2,104,320

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Shanta Gold Ltd (LON:SHG)

Shanta Gold Ltd has a 52 week low of 3.00GBX and a 52 week high of 13.38GBX SHG’s total market value is presently 0 GBX.

A total of 2 analysts have released a report on Shanta Gold Ltd. Two analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 0.13GBX.

More About Shanta Gold Ltd (LON:SHG)

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. Its New Luika Gold Mine is located in Chunya administrative district, Mbeya region in the Lupa Goldfield of south west Tanzania. Its Singida property is located in Ikungi Administrative District, Singida Region, central Tanzania. It has over three prospecting licenses covering approximately 90 square kilometers and over three mining licenses covering approximately 30 square kilometers. Its Songea property is located in Mbinga and Songea administrative districts in the Ruvuma region of southern Tanzania. It has over three prospecting licenses covering approximately 60 square kilometers. It holds over 1,300 square kilometers of prospective exploration ground in the Lupa Goldfield.

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