Petropavlovsk (LON:POG) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Petropavlovsk PLC (LON:POG)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1.20 ($0.02) and traded as high as GBX 1.65 ($0.02). Petropavlovsk shares last traded at GBX 1.20 ($0.02), with a volume of 26,359,045 shares trading hands.

Petropavlovsk Price Performance

The firm has a market capitalization of £47.51 million and a price-to-earnings ratio of 120.00. The company has a current ratio of 1.86, a quick ratio of 0.46 and a debt-to-equity ratio of 79.95. The business has a 50-day moving average price of GBX 1.20 and a two-hundred day moving average price of GBX 1.20.

Petropavlovsk Company Profile

Petropavlovsk PLC operates as a gold mining company in the Far East of Russia. It principally holds interests in the Pioneer, Albyn, and Malomir mining assets, as well as holds various gold licenses located in Amur region. The company also produces silver deposits. In addition, it provides construction, project and engineering, research, repair and maintenance, and transportation services; and operates educational institutes.