Shanta Gold (LON:SHG) Stock Price Crosses Below 200 Day Moving Average of $7.01

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Shanta Gold Limited (LON:SHG)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.01 and traded as low as $9.37. Shanta Gold shares last traded at $9.95, with a volume of 2,328,793 shares trading hands.

The company has a debt-to-equity ratio of 44.66, a quick ratio of 0.70 and a current ratio of 1.38. The firm has a 50 day simple moving average of GBX 8.76 and a two-hundred day simple moving average of GBX 7.03. The firm has a market capitalization of $78.34 million and a P/E ratio of 9.95.

About Shanta Gold (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.

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