Panther Metals PLC (LON:PALM – Get Free Report)’s stock price shot up 13.5% on Monday . The company traded as high as GBX 148 and last traded at GBX 145. 189,065 shares were traded during mid-day trading, an increase of 171% from the average daily volume of 69,834 shares. The stock had previously closed at GBX 127.70.
Panther Metals Trading Up 2.4%
The firm has a market cap of £15.29 million, a P/E ratio of -5.77 and a beta of 0.60. The company’s fifty day moving average price is GBX 134.85 and its two-hundred day moving average price is GBX 110.13.
About Panther Metals
Cash flow pathway — Winston tailings contain gold and silver with strong gallium credits. Processing is low-capex and straightforward; permitting is the next milestone. Once in place, Winston provides a near-term route to revenue with exposure to both precious and critical metals.
Exploration with production cash — That cash will fund drilling across:
Wishbone (Obonga) — a new VMS system with multi-percent zinc intercepts and Mattabi-scale potential.
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