Panther Metals (LON:PALM) Hits New 1-Year High – Here’s Why

Panther Metals PLC (LON:PALMGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 145 and last traded at GBX 140, with a volume of 97733 shares. The stock had previously closed at GBX 145.

Panther Metals Price Performance

The stock has a market cap of £9.80 million, a price-to-earnings ratio of -5.63 and a beta of 0.54. The stock has a fifty day moving average of GBX 98.86 and a 200 day moving average of GBX 79.91.

Panther Metals Company Profile

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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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