Panther Metals PLC (LON:PALM – Get Free Report) shares hit a new 52-week high during trading on Wednesday. The stock traded as high as GBX 185 and last traded at GBX 180, with a volume of 59089 shares traded. The stock had previously closed at GBX 167.50.
Panther Metals Stock Performance
The company has a 50 day moving average of GBX 140.63 and a 200 day moving average of GBX 123.63. The stock has a market capitalization of £19.42 million, a price-to-earnings ratio of -7.24 and a beta of 0.61.
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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