Panthera Resources (LON:PAT) Sets New 52-Week High – Here’s What Happened

Panthera Resources PLC (LON:PATGet Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 25 and last traded at GBX 24.60, with a volume of 769755 shares changing hands. The stock had previously closed at GBX 23.20.

Panthera Resources Price Performance

The stock has a market capitalization of £61.13 million, a price-to-earnings ratio of -20.00 and a beta of 1.02. The company has a current ratio of 0.93, a quick ratio of 0.54 and a debt-to-equity ratio of 3.67. The company’s 50 day moving average is GBX 19.99 and its 200 day moving average is GBX 15.32.

About Panthera Resources

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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.

Further Reading

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