Panther Metals (LON:PALM) Share Price Crosses Above 50 Day Moving Average of $3.33

Panther Metals PLC (LON:PALM)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 3.33 ($0.04) and traded as high as GBX 4.37 ($0.05). Panther Metals shares last traded at GBX 4.25 ($0.05), with a volume of 322,759 shares traded.

Panther Metals Trading Up 2.2 %

The company has a debt-to-equity ratio of 1.88, a current ratio of 22.17 and a quick ratio of 1.47. The business has a 50-day simple moving average of GBX 3.36 and a two-hundred day simple moving average of GBX 3.37. The stock has a market cap of £4.27 million, a price-to-earnings ratio of -317.40 and a beta of 1.23.

About Panther Metals

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.