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

Shares of Panther Metals PLC (LON:PALMGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 145 and last traded at GBX 140, with a volume of 97733 shares traded. The stock had previously closed at GBX 145.

Panther Metals Stock Down 3.4%

The stock has a market capitalization of £9.80 million, a PE ratio of -5.63 and a beta of 0.54. The company has a 50-day moving average of GBX 98.86 and a 200 day moving average of GBX 79.91.

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.

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