Panthera Resources (LON:PAT) Hits New 12-Month High – Time to Buy?

Shares of Panthera Resources PLC (LON:PAT – Get Free Report) reached a new 52-week high on Thursday. The company traded as high as GBX 25 and last traded at GBX 24.65, with a volume of 1067475 shares trading hands. The stock had previously closed at GBX 24.50.

Panthera Resources Price Performance

The business has a 50 day moving average of GBX 21.21 and a 200 day moving average of GBX 20.18. The firm has a market capitalization of £66.26 million, a price-to-earnings ratio of -2,547.50 and a beta of 0.84.

Panthera Resources Company Profile

(Get Free Report)

Panthera Resources PLC primarily engages in the exploration and development of gold projects in India and West Africa. Its flagship project is the Bhukia Project, a gold deposit located in the state of Rajasthan, India. The company was formerly known as IGL Resources PLC. Panthera Resources PLC was incorporated in 2017 and is based in London, the United Kingdom.

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