Panther Metals (LON:PALM) Stock Price Up 14.1% – Should You Buy?

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

Panther Metals Trading Up 1.8%

The business’s fifty day moving average price is GBX 86.33 and its 200 day moving average price is GBX 73.33. The company has a market capitalization of £8.73 million, a P/E ratio of -5.02 and a beta of 0.54.

About Panther Metals

(Get Free Report)

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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