Panthera Resources (LON:PAT) Shares Up 3.7% – Here’s What Happened

Panthera Resources PLC (LON:PATGet Free Report) shot up 3.7% during trading on Tuesday . The stock traded as high as GBX 9 ($0.11) and last traded at GBX 8.50 ($0.11). 10,400,378 shares were traded during mid-day trading, an increase of 884% from the average session volume of 1,057,344 shares. The stock had previously closed at GBX 8.20 ($0.10).

Panthera Resources Trading Up 3.7 %

The company’s 50 day moving average price is GBX 8.10 and its 200 day moving average price is GBX 7.40. The company has a debt-to-equity ratio of 3.67, a current ratio of 0.93 and a quick ratio of 0.54. The firm has a market cap of £21.78 million, a PE ratio of -8,512.77 and a beta of 1.02.

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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