Panther Metals PLC (LON:PALM – Get Free Report) shares rose 10.4% during mid-day trading on Tuesday. The company traded as high as GBX 169.90 and last traded at GBX 165.66. Approximately 121,878 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 71,216 shares. The stock had previously closed at GBX 150.
Panther Metals Stock Up 0.7%
The stock’s fifty day simple moving average is GBX 141.55 and its 200-day simple moving average is GBX 124.34. The company has a market capitalization of £19.56 million, a PE ratio of -7.30 and a beta of 0.61.
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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