Panthera Resources (LON:PAT) Sets New 12-Month High – Should You Buy?

Panthera Resources PLC (LON:PATGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 10 ($0.13) and last traded at GBX 9.40 ($0.12), with a volume of 2827017 shares changing hands. The stock had previously closed at GBX 9.25 ($0.12).

Panthera Resources Trading Up 1.1 %

The stock has a market capitalization of £24.34 million, a price-to-earnings ratio of -9,514.27 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. The business has a 50-day moving average of GBX 8.20 and a 200-day moving average of GBX 7.44.

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.

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