Shares of Panther Metals PLC (LON:PALM – Get Free Report) were up 8.5% during trading on Monday . The company traded as high as GBX 164.50 and last traded at GBX 160. Approximately 99,114 shares traded hands during trading, an increase of 41% from the average session volume of 70,158 shares. The stock had previously closed at GBX 147.50.
Panther Metals Trading Up 8.5%
The company has a market capitalization of £17.26 million, a PE ratio of -6.44 and a beta of 0.61. The stock has a fifty day simple moving average of GBX 137.71 and a 200-day simple moving average of GBX 119.92.
Panther Metals Company Profile
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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