Panther Metals (LON:PALM) Hits New 12-Month High – Here’s Why

Panther Metals PLC (LON:PALM – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 180 and last traded at GBX 176, with a volume of 187744 shares. The stock had previously closed at GBX 164.25.

Panther Metals Price Performance

The company’s 50-day moving average is GBX 108.08 and its 200-day moving average is GBX 84.32. The firm has a market capitalization of £13.49 million, a price-to-earnings ratio of -6.24 and a beta of 0.61.

Panther Metals Company Profile

(Get Free Report)

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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