Panther Metals PLC (LON:PALM – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as GBX 185 and last traded at GBX 180, with a volume of 59089 shares changing hands. The stock had previously closed at GBX 167.50.
Panther Metals Price Performance
The firm has a market cap of £19.42 million, a PE ratio of -7.24 and a beta of 0.61. The business’s 50 day moving average price is GBX 140.63 and its 200 day moving average price is GBX 123.63.
Panther Metals Company Profile
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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