Anglo Pacific Group plc (LON:APF) announced a dividend on Thursday, December 12th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 2nd will be paid a dividend of GBX 1.63 ($0.02) per share on Thursday, February 13th. This represents a yield of 0.87%. The ex-dividend date of this dividend is Thursday, January 2nd. The official announcement can be seen at this link.
Anglo Pacific Group stock traded down GBX 7.50 ($0.10) during mid-day trading on Friday, hitting GBX 183 ($2.41). 631,040 shares of the company were exchanged, compared to its average volume of 164,589. Anglo Pacific Group has a 12-month low of GBX 135.50 ($1.78) and a 12-month high of GBX 229 ($3.01). The business’s 50 day simple moving average is GBX 186.62 and its two-hundred day simple moving average is GBX 196.66. The company has a market capitalization of $332.09 million and a P/E ratio of 7.20. The company has a debt-to-equity ratio of 3.81, a current ratio of 2.52 and a quick ratio of 2.52.
In related news, insider Vanessa Dennett purchased 4,800 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average price of GBX 193 ($2.54) per share, for a total transaction of £9,264 ($12,186.27). Also, insider Graeme Dacomb acquired 10,000 shares of Anglo Pacific Group stock in a transaction on Wednesday, November 6th. The shares were bought at an average price of GBX 193 ($2.54) per share, for a total transaction of £19,300 ($25,388.06). Over the last three months, insiders have bought 24,920 shares of company stock worth $4,798,480.
A number of brokerages have recently commented on APF. Peel Hunt reaffirmed a “buy” rating on shares of Anglo Pacific Group in a research report on Friday. Berenberg Bank reduced their target price on Anglo Pacific Group from GBX 235 ($3.09) to GBX 213 ($2.80) and set a “buy” rating on the stock in a report on Tuesday, December 10th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 235 ($3.09) price objective on shares of Anglo Pacific Group in a research note on Monday, September 16th. Finally, Bank of America reaffirmed a “buy” rating on shares of Anglo Pacific Group in a research report on Wednesday, October 9th. Five equities research analysts have rated the stock with a buy rating, Anglo Pacific Group currently has a consensus rating of “Buy” and a consensus price target of GBX 229.50 ($3.02).
About Anglo Pacific Group
Anglo Pacific Group plc operates as a natural resources royalty company. The company, together with its subsidiaries, engages in securing natural resources royalties by acquisition and through investment in mining and exploration interests in coking and thermal coal, vanadium, gold, uranium, anthracite, nickel-cobalt, chromite, iron ore, copper, and silver.
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