Panthera Resources (LON:PAT) Trading Down 2.8% – What’s Next?

Panthera Resources PLC (LON:PAT)’s stock price traded down 2.8% during trading on Monday . The company traded as low as GBX 11.20 ($0.14) and last traded at GBX 11.67 ($0.15). 2,121,842 shares traded hands during trading, an increase of 52% from the average session volume of 1,399,851 shares. The stock had previously closed at GBX 12 ($0.16).

Panthera Resources Stock Down 2.8 %

The company’s 50-day simple moving average is GBX 9.48 and its two-hundred day simple moving average is GBX 7.96. The firm has a market cap of £29.90 million, a PE ratio of -11,687.53 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.

About Panthera Resources

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.