Panthera Resources (LON:PAT) Trading 8.2% Higher – Should You Buy?

Panthera Resources PLC (LON:PATGet Free Report) shares traded up 8.2% on Monday . The stock traded as high as GBX 12 ($0.16) and last traded at GBX 11.90 ($0.16). 911,228 shares traded hands during trading, a decline of 29% from the average session volume of 1,287,810 shares. The stock had previously closed at GBX 11 ($0.15).

Panthera Resources Price Performance

The company has a quick ratio of 0.54, a current ratio of 0.93 and a debt-to-equity ratio of 3.67. The business’s 50 day simple moving average is GBX 10.66 and its two-hundred day simple moving average is GBX 8.56. The stock has a market capitalization of £32.92 million, a P/E ratio of -12,869.30 and a beta of 1.02.

About Panthera Resources

(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.

Further Reading

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