Panther Metals (LON:PALM) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Panther Metals PLC (LON:PALM)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 97.77 ($1.21) and traded as low as GBX 89 ($1.11). Panther Metals shares last traded at GBX 89 ($1.11), with a volume of 1,447 shares changing hands.

Panther Metals Price Performance

The firm has a market cap of £3.76 million, a P/E ratio of -214.88 and a beta of 1.19. The company has a fifty day moving average of GBX 100.94 and a 200-day moving average of GBX 97.72. The company has a debt-to-equity ratio of 13.52, a current ratio of 3.12 and a quick ratio of 1.47.

About Panther Metals

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.