Panther Metals (LON:PALM) Reaches New 1-Year Low – Time to Sell?

Panther Metals PLC (LON:PALM) shares reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 50 ($0.62) and last traded at GBX 52.95 ($0.66), with a volume of 75555 shares changing hands. The stock had previously closed at GBX 52.50 ($0.65).

Panther Metals Price Performance

The firm’s 50-day moving average is GBX 83.79 and its 200-day moving average is GBX 94.68. The company has a market capitalization of £2.21 million, a PE ratio of -126.07 and a beta of 1.19. The company has a quick ratio of 1.47, a current ratio of 3.12 and a debt-to-equity ratio of 13.52.

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.