Shanta Gold Limited (LON:SHG) insider Ketan Patel purchased 222,885 shares of the stock in a transaction that occurred on Monday, October 2nd. The stock was purchased at an average price of GBX 6 ($0.08) per share, with a total value of £13,373.10 ($17,738.56).

Shares of Shanta Gold Limited (LON:SHG) opened at 3.25 on Thursday. The stock’s market cap is GBX 24.90 million. Shanta Gold Limited has a one year low of GBX 3.00 and a one year high of GBX 13.38. The company has a 50 day moving average price of GBX 3.70 and a 200-day moving average price of GBX 6.01.

WARNING: This article was first published by Marea Informative and is the property of of Marea Informative. If you are accessing this article on another website, it was illegally copied and reposted in violation of U.S. and international trademark & copyright legislation. The correct version of this article can be viewed at http://www.mareainformativa.com/ketan-patel-buys-222885-shares-of-shanta-gold-limited-shg-stock/116299/.

SHG has been the subject of a number of research reports. FinnCap reiterated an “under review” rating on shares of Shanta Gold Limited in a report on Tuesday, June 20th. Shore Capital reiterated a “not rated” rating on shares of Shanta Gold Limited in a report on Wednesday, July 19th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 16 ($0.21) price target on shares of Shanta Gold Limited in a report on Friday, August 18th.

About Shanta Gold Limited

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.

Receive News & Stock Ratings for Shanta Gold Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shanta Gold Limited and related stocks with our FREE daily email newsletter.