Panther Metals (LON:PALM) Share Price Crosses Above 50-Day Moving Average of $4.88

Shares of Panther Metals PLC (LON:PALMGet Rating) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 4.88 ($0.06) and traded as high as GBX 5.20 ($0.06). Panther Metals shares last traded at GBX 5.10 ($0.06), with a volume of 265,400 shares trading hands.

Panther Metals Stock Up 4.1 %

The business has a fifty day simple moving average of GBX 4.88 and a two-hundred day simple moving average of GBX 5.19. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.88. The company has a market cap of £4.72 million and a PE ratio of -25.50.

About Panther Metals

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Panther Metals PLC operates as a mineral exploration company in Canada and Australia. The company holds 100% interest in Obonga Greenstone Belt project; Dotted Lake project; Big Bear Gold project, and Manitou Lakes project located in Ontario, Canada. It also holds interests in Annaburroo and Marrakai gold project areas located in the Northern Territory, Australia.

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