Panthera Resources (LON:PAT) Trading Up 3.4% – Time to Buy?

Panthera Resources PLC (LON:PATGet Free Report) rose 3.4% during mid-day trading on Friday . The stock traded as high as GBX 24 and last traded at GBX 24. Approximately 1,804,015 shares were traded during mid-day trading, an increase of 73% from the average daily volume of 1,042,230 shares. The stock had previously closed at GBX 23.20.

Panthera Resources Stock Up 3.4%

The company has a debt-to-equity ratio of 3.67, a current ratio of 0.93 and a quick ratio of 0.54. The business’s 50 day moving average price is GBX 22.25 and its 200 day moving average price is GBX 16.47. The firm has a market cap of £60.39 million, a PE ratio of -19.51 and a beta of 1.02.

Panthera Resources Company Profile

(Get Free Report)

Panthera Resources PLC primarily engages in the exploration and development of gold projects in India and West Africa. Its flagship project is the Bhukia Project, a gold deposit located in the state of Rajasthan, India. The company was formerly known as IGL Resources PLC. Panthera Resources PLC was incorporated in 2017 and is based in London, the United Kingdom.

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