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Shanta Gold Ltd (LON:SHG) target price raised to 21.00GBX, reported today by Peel Hunt

Having a price of 10.25GBX, Shanta Gold Ltd (LON:SHG) traded 0.00% even on the day. The last close is up 36.97% relative to the two hundred day average, compared with the S&P 500 Index which has fallen -0.01% over the same time period. SHG has recorded a 50-day average of 9.41GBX and two hundred day average of 7.58GBX. Trading volume was was up over the average, with 3,236,240 shares of SHG changing hands over the typical 2,093,590 shares.

Stating a possible upside of 1.05%, Peel Hunt upped the target price of Shanta Gold Ltd (LON:SHG) to 21GBX

On 8/22/2016, Peel Hunt released a statement about Shanta Gold Ltd(LON:SHG) raised the target price from 9.00GBX to 18.00GBX that suggested an upside of 0.85%.

Performance Graph:

Shanta Gold Ltd (LON:SHG)

Also covering Shanta Gold Ltd’s price target, a total of 2 equity analysts have issued a report on Shanta Gold Ltd. The 12-month target stock price is 0.13GBX with two firms rating the company a strong buy, 0 rating the company a buy, 0 firms rating the stock a hold, 0 rating the stock to underperform, and finally 0 brokerages rating the stock as sell.

Shanta Gold Ltd has a one-year low of 4.13GBX and a one-year high of 11.00GBX and has a total market value of 0.0 GBX.

General Information 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, and 300 square kilometers of prospective exploration ground in the Lupa Goldfield.

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