Panther Metals (LON:PALM) Sets New 12-Month Low – Time to Sell?

Panther Metals PLC (LON:PALM) shares reached a new 52-week low on Monday . The company traded as low as GBX 48.10 ($0.61) and last traded at GBX 49.62 ($0.62), with a volume of 5695 shares changing hands. The stock had previously closed at GBX 48.20 ($0.61).

Panther Metals Trading Up 0.5 %

The business has a 50 day moving average of GBX 71.81 and a two-hundred day moving average of GBX 90.86. The company has a current ratio of 3.12, a quick ratio of 1.47 and a debt-to-equity ratio of 13.52. The firm has a market cap of £2.11 million, a P/E ratio of -1,249.77 and a beta of 1.19.

Panther Metals Company Profile

Listed on the standard segment of the Main Market of the London Stock Exchange, Panther Metals invests in or acquires companies or projects within the natural resources sector which have the potential for growth and value generation over the medium to long term.

The Company will utilise their extensive international network to identify opportunities in base, precious and energy metals.