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Berenberg raises target price on Pan African Resources

By Iain Gilbert

Date: Tuesday 12 Nov 2024

(Sharecast News) - Analysts at Berenberg raised their target price on Pan African Resources from 34.0p to 45.0p on Tuesday after the group announced that it had agreed to acquire Australia's Tennant Consolidated Mining Group.
Pan African Resources will acquire TCMG for $54.2m, split between an initial cash investment of $3.4m,...

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