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On November 27, 2025, Berenberg Bank reaffirmed a Buy recommendation for Pan African Resources (OTCPK:PAFRF). The average one-year price target for the company is $1.21/share, suggesting a 304.02% upside from its latest closing price of $0.30/share.
Projected annual revenue for Pan African Resources is estimated at $350 million, a decline of 35.26%. Institutional positions in the company decreased by 4 owners (6.56%) in the last quarter, while total shares owned by institutions fell by 7.85% to 270,812K shares.
The VanEck Vectors Gold Miners ETF holds 61,878K shares (3.05% ownership), a decrease of 17.78% from the previous quarter. Meanwhile, the VanEck Vectors Junior Gold Miners ETF increased its allocation by 4.65%, holding 44,176K shares (2.18% ownership).
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