Panthera Resources (LON:PAT) Trading Up 9.7% – Should You Buy?

Panthera Resources PLC (LON:PATGet Free Report)’s share price rose 9.7% during trading on Friday . The company traded as high as GBX 8.50 ($0.11) and last traded at GBX 8.50 ($0.11). Approximately 450,976 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 379,292 shares. The stock had previously closed at GBX 7.75 ($0.10).

Panthera Resources Price Performance

The firm has a fifty day simple moving average of GBX 7.23 and a 200-day simple moving average of GBX 6.81. The firm has a market cap of £16.58 million, a P/E ratio of -850.00 and a beta of 1.02.

About Panthera Resources

(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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