Panther Metals PLC (LON:PALM – Get Free Report) shot up 14.1% during trading on Monday . The stock traded as high as GBX 130.20 and last traded at GBX 130.20. 181,482 shares changed hands during mid-day trading, an increase of 130% from the average session volume of 78,856 shares. The stock had previously closed at GBX 114.10.
Panther Metals Trading Up 13.1%
The stock has a 50 day moving average of GBX 83.47 and a 200-day moving average of GBX 71.82. The company has a market capitalization of £9.03 million, a P/E ratio of -5.19 and a beta of 0.54.
Panther Metals Company Profile
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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