Panthera Resources (LON:PAT) Reaches New 52-Week High – What’s Next?

Panthera Resources PLC (LON:PATGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 25 and last traded at GBX 23.80, with a volume of 936325 shares changing hands. The stock had previously closed at GBX 23.60.

Panthera Resources Stock Performance

The firm’s 50-day moving average price is GBX 18.54 and its 200-day moving average price is GBX 15.08. The company has a debt-to-equity ratio of 3.67, a current ratio of 0.93 and a quick ratio of 0.54. The stock has a market cap of £57.16 million, a P/E ratio of -18.70 and a beta of 1.02.

About Panthera Resources

(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.

Further Reading

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