Petropavlovsk (LON:POG) Receives Buy Rating from Canaccord Genuity

Canaccord Genuity restated their buy rating on shares of Petropavlovsk (LON:POG) in a research report released on Wednesday morning, Digital Look reports. Canaccord Genuity currently has a GBX 40 ($0.49) price objective on the mining company’s stock.

A number of other analysts have also recently weighed in on the stock. Shore Capital reaffirmed a not rated rating on shares of Petropavlovsk in a report on Thursday, April 23rd. Peel Hunt raised their target price on shares of Petropavlovsk from GBX 31 ($0.38) to GBX 40 ($0.49) and gave the company an add rating in a research note on Wednesday.

POG stock opened at GBX 36.20 ($0.45) on Wednesday. The company has a quick ratio of 0.33, a current ratio of 1.18 and a debt-to-equity ratio of 97.97. Petropavlovsk has a fifty-two week low of GBX 9.09 ($0.11) and a fifty-two week high of GBX 40.50 ($0.50). The firm’s 50-day simple moving average is GBX 29.39 and its 200 day simple moving average is GBX 22.52. The stock has a market cap of $1.20 billion and a PE ratio of 45.25.

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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