Panther Metals (LON:PALM) Shares Up 10.6%

Panther Metals PLC (LON:PALMGet Free Report) shot up 10.6% during mid-day trading on Thursday . The company traded as high as GBX 5.25 ($0.07) and last traded at GBX 5.20 ($0.07). 452,806 shares changed hands during trading, an increase of 34% from the average session volume of 338,487 shares. The stock had previously closed at GBX 4.70 ($0.06).

Panther Metals Stock Performance

The company has a quick ratio of 1.47, a current ratio of 4.40 and a debt-to-equity ratio of 11.43. The company has a market cap of £4.83 million, a PE ratio of -317.40 and a beta of 1.23. The stock’s 50 day simple moving average is GBX 3.75 and its two-hundred day simple moving average is GBX 3.50.

Panther Metals Company Profile

(Get Free Report)

Panther Metals PLC operates as a mineral exploration company in Canada and Australia. The company holds 100% interest in Obonga Greenstone Belt project; Dotted Lake project; Big Bear Gold project, and Manitou Lakes project located in Ontario, Canada. It also holds interests in Annaburroo and Marrakai gold project areas located in the Northern Territory, Australia.

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