Panther Metals (LON:PALM) Stock Price Down 0.7% – Here’s What Happened

Panther Metals PLC (LON:PALM – Get Free Report)’s share price fell 0.7% on Monday. The company traded as low as GBX 145.28 and last traded at GBX 150. Approximately 9,508 shares traded hands during trading, a decline of 87% from the average session volume of 71,265 shares. The stock had previously closed at GBX 151.10.

Panther Metals Stock Performance

The company has a market cap of £18.25 million, a PE ratio of -7.85 and a beta of 0.61. The company has a fifty day moving average of GBX 159.33 and a two-hundred day moving average of GBX 123.33.

Panther Metals Company Profile

(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.

Further Reading

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