Panther Metals (LON:PALM) Shares Pass Below 200-Day Moving Average – Time to Sell?

Panther Metals PLC (LON:PALMGet Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 95.56 ($1.20) and traded as low as GBX 82.50 ($1.03). Panther Metals shares last traded at GBX 83.87 ($1.05), with a volume of 1,200 shares changing hands.

Panther Metals Stock Performance

The stock has a market capitalization of £3.50 million, a price-to-earnings ratio of -199.69 and a beta of 1.19. The company has a debt-to-equity ratio of 13.52, a current ratio of 3.12 and a quick ratio of 1.47. The stock has a 50-day moving average of GBX 101.41 and a 200 day moving average of GBX 95.56.

About Panther Metals

(Get Free Report)

Panther Metals PLC operates as a mineral exploration company in Canada and Australia. The company was formerly known as London Nusantara Plantations Plc and changed its name to Panther Metals PLC in April 2018. Panther Metals PLC was incorporated in 2013 and is based in London, the United Kingdom.

Further Reading

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