Panther Metals (LON:PALM) Trading Down 6.6% – Here’s What Happened

Panther Metals PLC (LON:PALMGet Free Report) traded down 6.6% on Tuesday . The company traded as low as GBX 42.75 ($0.54) and last traded at GBX 44.85 ($0.57). 46,579 shares were traded during trading, an increase of 200% from the average session volume of 15,532 shares. The stock had previously closed at GBX 48 ($0.61).

Panther Metals Stock Down 6.6 %

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 stock has a market capitalization of £1.92 million, a price-to-earnings ratio of -1,138.11 and a beta of 1.19. The business has a 50-day moving average of GBX 64.83 and a 200-day moving average of GBX 87.49.

About Panther Metals

(Get Free Report)

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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