Panther Metals (LON:PALM) Hits New 1-Year High – Here’s What Happened

Panther Metals PLC (LON:PALM – Get Free Report) shares hit a new 52-week high on Monday. The stock traded as high as GBX 198.25 and last traded at GBX 185.15, with a volume of 182,498 shares. The stock had previously closed at GBX 196.

Panther Metals Stock Down 2.8%

The stock has a fifty day moving average of GBX 151.69 and a 200-day moving average of GBX 131.06. The stock has a market cap of £19.58 million, a PE ratio of -9.16 and a beta of 0.61.

About Panther Metals

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Panther’s strategy is disciplined and different: Totally focused in the tier one jurisdiction of Ontario, Canada.

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.

Further Reading

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