Panther Metals PLC (LON:PALM – Get Free Report) shares rose 13.5% during trading on Monday . The company traded as high as GBX 148 and last traded at GBX 145. 189,065 shares traded hands during trading, an increase of 171% from the average daily volume of 69,834 shares. The stock had previously closed at GBX 127.70.
Panther Metals Price Performance
The firm’s 50-day moving average price is GBX 135.82 and its 200 day moving average price is GBX 109.33. The firm has a market capitalization of £15.47 million, a price-to-earnings ratio of -5.84 and a beta of 0.60.
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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