Panther Metals (LON:PALM) Reaches New 12-Month High – What’s Next?

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

Panther Metals Price Performance

The stock’s 50-day simple moving average is GBX 104.58 and its two-hundred day simple moving average is GBX 82.68. The firm has a market capitalization of £15.31 million, a P/E ratio of -7.08 and a beta of 0.54.

About Panther Metals

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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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