Panthera Resources (LON:PAT) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Panthera Resources PLC (LON:PAT – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 20.62 and traded as low as GBX 19.95. Panthera Resources shares last traded at GBX 19.95, with a volume of 448,260 shares traded.

Panthera Resources Price Performance

The firm has a market capitalization of £54.11 million, a P/E ratio of -1,960.00 and a beta of 0.84. The firm’s fifty day moving average price is GBX 22.48 and its 200-day moving average price is GBX 20.61.

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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