Petropavlovsk (LON:POG) Receives Buy Rating from Peel Hunt

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Peel Hunt reiterated their buy rating on shares of Petropavlovsk (LON:POG) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports.

Other research analysts also recently issued research reports about the company. Canaccord Genuity restated a buy rating and issued a GBX 16 ($0.21) target price on shares of Petropavlovsk in a research note on Monday, October 21st. Peel Hunt reiterated a buy rating and set a GBX 16 ($0.21) price target on shares of Petropavlovsk in a research note on Thursday, January 23rd.

LON POG traded down GBX 0.10 ($0.00) on Thursday, reaching GBX 16.80 ($0.22). The stock had a trading volume of 13,355,563 shares, compared to its average volume of 2,330,000. The business has a 50 day moving average price of GBX 14.78 and a 200 day moving average price of GBX 11.47. The company has a current ratio of 0.93, a quick ratio of 0.29 and a debt-to-equity ratio of 100.05. Petropavlovsk has a 1 year low of GBX 7.58 ($0.10) and a 1 year high of GBX 19.06 ($0.25). The company has a market capitalization of $556.12 million and a price-to-earnings ratio of 7.00.

In related news, insider Pavel Maslovskiy purchased 17,400,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was bought at an average price of GBX 13 ($0.17) per share, for a total transaction of £2,262,000 ($2,975,532.75).

About Petropavlovsk

Petropavlovsk PLC operates as a gold exploration, development, and mining company in the Russian Far East. The company's principal mining assets include Pioneer, Albyn, Pokrovskiy, and Malomir located in the Amur region. It also produces silver deposits. In addition, the company provides management, finance, construction, project and engineering, research, repair and maintenance, transportation services; produces explosive materials; and operates educational institutes.

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