Panthera Resources (LON:PAT) Trading 1.8% Higher – Time to Buy?

Panthera Resources PLC (LON:PATGet Free Report)’s share price rose 1.8% on Wednesday . The stock traded as high as GBX 21.50 and last traded at GBX 21.32. Approximately 938,780 shares traded hands during trading, an increase of 111% from the average session volume of 445,387 shares. The stock had previously closed at GBX 20.95.

Panthera Resources Price Performance

The stock has a 50 day simple moving average of GBX 19.39 and a two-hundred day simple moving average of GBX 20.20. The company has a market cap of £55.28 million, a price-to-earnings ratio of -17.33 and a beta of 0.88.

About Panthera Resources

(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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