Panthera Resources (LON:PAT) Trading Up 18.8% – Here’s Why

Panthera Resources PLC (LON:PATGet Free Report) shares traded up 18.8% during trading on Monday . The company traded as high as GBX 11.50 ($0.15) and last traded at GBX 11.29 ($0.14). 3,462,044 shares changed hands during trading, an increase of 203% from the average session volume of 1,142,125 shares. The stock had previously closed at GBX 9.50 ($0.12).

Panthera Resources Price Performance

The firm’s 50-day simple moving average is GBX 8.40 and its 200 day simple moving average is GBX 7.51. The company has a market cap of £32.03 million, a P/E ratio of -12,518.78 and a beta of 1.02. The company has a debt-to-equity ratio of 3.67, a quick ratio of 0.54 and a current ratio of 0.93.

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.

Featured Stories

Receive News & Ratings for Panthera Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Panthera Resources and related companies with MarketBeat.com's FREE daily email newsletter.