Panther Metals (LON:PALM) Hits New 1-Year High – Should You Buy?

Panther Metals PLC (LON:PALM – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday. The company traded as high as GBX 198.25 and last traded at GBX 185.15, with a volume of 182,498 shares traded. The stock had previously closed at GBX 196.

Panther Metals Trading Down 5.5%

The stock has a market capitalization of £20.72 million, a P/E ratio of -9.69 and a beta of 0.61. The firm’s fifty day moving average is GBX 149.17 and its 200-day moving average is GBX 129.54.

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.

Featured Articles

Receive News & Ratings for Panther Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Panther Metals and related companies with MarketBeat.com's FREE daily email newsletter.