Shares of Panther Metals PLC (LON:PALM – Get Free Report) hit a new 52-week high during trading on Wednesday. The stock traded as high as GBX 185 and last traded at GBX 180, with a volume of 59089 shares. The stock had previously closed at GBX 167.50.
Panther Metals Trading Up 1.4%
The firm has a market cap of £20.23 million, a price-to-earnings ratio of -7.55 and a beta of 0.61. The stock’s 50 day moving average is GBX 142.65 and its 200 day moving average is GBX 125.10.
About Panther Metals
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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