Panthera Resources (LON:PAT) Hits New 1-Year High – Time to Buy?

Panthera Resources PLC (LON:PAT – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday. The company traded as high as GBX 26 and last traded at GBX 23, with a volume of 1184422 shares traded. The stock had previously closed at GBX 25.

Panthera Resources Stock Down 8.0%

The firm has a 50 day moving average of GBX 21.38 and a two-hundred day moving average of GBX 20.25. The firm has a market capitalization of £59.82 million, a price-to-earnings ratio of -2,300.00 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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