Petropavlovsk (LON:POG) Given Buy Rating at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Petropavlovsk (LON:POG) in a research note issued to investors on Thursday, Digital Look reports. They currently have a GBX 16 ($0.21) price target on the mining company’s stock.

Separately, 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.

POG stock traded up GBX 1.38 ($0.02) during midday trading on Thursday, reaching GBX 16.86 ($0.22). The company had a trading volume of 64,085,132 shares, compared to its average volume of 2,330,000. The company has a quick ratio of 0.29, a current ratio of 0.93 and a debt-to-equity ratio of 100.05. The stock has a 50 day moving average price of GBX 12.65 and a 200 day moving average price of GBX 10.63. Petropavlovsk has a fifty-two week low of GBX 7.30 ($0.10) and a fifty-two week high of GBX 15.88 ($0.21). The firm has a market capitalization of $558.10 million and a PE ratio of 7.03.

In related news, insider Pavel Maslovskiy bought 17,400,000 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was bought at an average cost 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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