Panther Metals (LON:PALM) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Panther Metals PLC (LON:PALMGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 55.82 ($0.76) and traded as low as GBX 42.15 ($0.57). Panther Metals shares last traded at GBX 44.85 ($0.61), with a volume of 13,716 shares.

Panther Metals Trading Up 3.1%

The company has a market cap of £1.92 million, a PE ratio of -1,138.11 and a beta of 1.19. The business has a 50 day simple moving average of GBX 38.77 and a two-hundred day simple moving average of GBX 55.82. The company has a current ratio of 3.12, a quick ratio of 1.47 and a debt-to-equity ratio of 13.52.

Panther Metals Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Panther Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Panther Metals and related companies with MarketBeat.com's FREE daily email newsletter.