Panthera Resources (LON:PAT) Hits New 12-Month High – Time to Buy?

Shares of Panthera Resources PLC (LON:PATGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 10 ($0.13) and last traded at GBX 9.40 ($0.12), with a volume of 2827017 shares changing hands. The stock had previously closed at GBX 9.25 ($0.12).

Panthera Resources Trading Up 1.6 %

The firm has a market cap of £24.08 million, a PE ratio of -9,414.12 and a beta of 1.02. The business has a 50-day moving average price of GBX 8.12 and a two-hundred day moving average price of GBX 7.41. The company has a debt-to-equity ratio of 3.67, a current ratio of 0.93 and a quick ratio of 0.54.

Panthera Resources Company Profile

(Get Free Report)

Panthera Resources PLC primarily engages in the exploration and development of gold projects in India and West Africa. Its flagship project is the Bhukia Project, a gold deposit located in the state of Rajasthan, India. The company was formerly known as IGL Resources PLC. Panthera Resources PLC was incorporated in 2017 and is based in London, the United Kingdom.

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