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

Panther Metals PLC (LON:PALM)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as GBX 36 ($0.47) and last traded at GBX 36 ($0.47), with a volume of 37833 shares traded. The stock had previously closed at GBX 38.50 ($0.50).

Panther Metals Stock Performance

The business’s 50 day simple moving average is GBX 46.55 and its two-hundred day simple moving average is GBX 78.26. The firm has a market capitalization of £1.54 million, a PE ratio of -913.54 and a beta of 1.19. The company has a current ratio of 3.12, a quick ratio of 1.47 and a debt-to-equity ratio of 13.52.

About Panther Metals

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.