Peel Hunt Boosts Petropavlovsk (LON:POG) Price Target to GBX 40

Petropavlovsk (LON:POG) had its price target increased by Peel Hunt from GBX 31 ($0.38) to GBX 40 ($0.49) in a research report released on Wednesday morning, Stock Target Advisor reports. They currently have an add rating on the mining company’s stock.

Other analysts have also recently issued reports about the stock. Shore Capital reissued a not rated rating on shares of Petropavlovsk in a research note on Thursday, April 23rd. Canaccord Genuity upped their price target on shares of Petropavlovsk from GBX 22 ($0.27) to GBX 39 ($0.48) and gave the stock a buy rating in a research report on Friday, July 10th.

Shares of LON POG opened at GBX 36.20 ($0.45) on Wednesday. Petropavlovsk has a 52-week low of GBX 9.09 ($0.11) and a 52-week high of GBX 40.50 ($0.50). The firm has a fifty day moving average of GBX 29.39 and a 200-day moving average of GBX 22.52. The stock has a market capitalization of $1.20 billion and a PE ratio of 45.25. The company has a quick ratio of 0.33, a current ratio of 1.18 and a debt-to-equity ratio of 97.97.

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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