Panther Metals PLC (LON:PALM – Get Free Report) was up 13% on Tuesday following insider buying activity. The company traded as high as GBX 110 ($1.49) and last traded at GBX 100 ($1.35). Approximately 549,817 shares traded hands during trading, an increase of 1,270% from the average daily volume of 40,134 shares. The stock had previously closed at GBX 88.50 ($1.20).
Specifically, insider Nick O?Reilly purchased 53,007 shares of Panther Metals stock in a transaction dated Monday, June 23rd. The shares were acquired at an average cost of GBX 86 ($1.16) per share, for a total transaction of £45,586.02 ($61,719.50).
Panther Metals Price Performance
The company has a debt-to-equity ratio of 13.52, a quick ratio of 1.47 and a current ratio of 3.12. The firm has a market capitalization of £4.09 million, a P/E ratio of -2,423.41 and a beta of 1.19. The company has a 50-day moving average price of GBX 42.03 and a 200-day moving average price of GBX 52.56.
Panther Metals Company Profile
Listed on the standard segment of the Main Market of the London Stock Exchange, Panther Metals invests in or acquires companies or projects within the natural resources sector which have the potential for growth and value generation over the medium to long term.
The Company will utilise their extensive international network to identify opportunities in base, precious and energy metals.
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