Panthera Resources (LON:PAT) Stock Price Up 8.2% – Should You Buy?

Panthera Resources PLC (LON:PATGet Free Report)’s stock price rose 8.2% during trading on Monday . The stock traded as high as GBX 12 ($0.16) and last traded at GBX 11.90 ($0.16). Approximately 911,228 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 1,287,810 shares. The stock had previously closed at GBX 11 ($0.15).

Panthera Resources Stock Performance

The company has a debt-to-equity ratio of 3.67, a quick ratio of 0.54 and a current ratio of 0.93. The company has a market cap of £30.49 million, a P/E ratio of -11,917.88 and a beta of 1.02. The stock’s fifty day moving average price is GBX 10.60 and its two-hundred day moving average price is GBX 8.53.

Panthera Resources Company Profile

(Get Free Report)

Panthera Resources PLC primarily engages in the exploration and development of gold projects in India and West Africa. Its flagship project is the Bhukia Project, a gold deposit located in the state of Rajasthan, India. The company was formerly known as IGL Resources PLC. Panthera Resources PLC was incorporated in 2017 and is based in London, the United Kingdom.

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