Panther Metals PLC (LON:PALM – Get Free Report) shares reached a new 52-week high on Friday after an insider bought additional shares in the company. The company traded as high as GBX 5.45 ($0.07) and last traded at GBX 5.45 ($0.07), with a volume of 683250 shares. The stock had previously closed at GBX 5.20 ($0.07).
Specifically, insider Darren Hazelwood bought 150,000 shares of the stock in a transaction on Thursday, May 9th. The stock was purchased at an average price of GBX 5 ($0.06) per share, with a total value of £7,500 ($9,422.11). Corporate insiders own 40.54% of the company’s stock.
Panther Metals Trading Up 4.8 %
The company has a market cap of £5.06 million, a P/E ratio of -317.40 and a beta of 1.23. The firm’s 50 day moving average is GBX 3.78 and its two-hundred day moving average is GBX 3.51. The company has a quick ratio of 1.47, a current ratio of 4.40 and a debt-to-equity ratio of 11.43.
Panther Metals Company Profile
Panther Metals PLC operates as a mineral exploration company in Canada and Australia. The company holds 100% interest in Obonga Greenstone Belt project; Dotted Lake project; Big Bear Gold project, and Manitou Lakes project located in Ontario, Canada. It also holds interests in Annaburroo and Marrakai gold project areas located in the Northern Territory, Australia.
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