Panther Metals PLC (LON:PALM – Get Free Report)’s share price traded up 10.7% on Friday. The company traded as high as GBX 196 and last traded at GBX 196. Approximately 222,105 shares traded hands during mid-day trading, an increase of 206% from the average session volume of 72,486 shares. The stock had previously closed at GBX 177.
Panther Metals Stock Performance
The company has a market capitalization of £21.93 million, a PE ratio of -10.26 and a beta of 0.61. The business has a fifty day moving average price of GBX 147.78 and a 200 day moving average price of GBX 128.73.
About Panther Metals
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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