Panther Metals (LON:PALM) Trading 14.1% Higher – Here’s Why

Panther Metals PLC (LON:PALMGet Free Report) traded up 14.1% on Monday . The company traded as high as GBX 130.20 and last traded at GBX 130.20. 181,482 shares traded hands during trading, an increase of 130% from the average session volume of 78,856 shares. The stock had previously closed at GBX 114.10.

Panther Metals Trading Up 13.1%

The company has a market capitalization of £9.03 million, a PE ratio of -5.19 and a beta of 0.54. The business’s fifty day moving average is GBX 83.47 and its two-hundred day moving average is GBX 71.82.

About Panther Metals

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Panther’s strategy is disciplined and different: Totally focused in the tier one jurisdiction of Ontario, Canada.

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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