Panther Metals (LON:PALM) Hits New 52-Week Low – Time to Sell?

Shares of Panther Metals PLC (LON:PALM) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 36 ($0.47) and last traded at GBX 36 ($0.47), with a volume of 37833 shares changing hands. The stock had previously closed at GBX 38.50 ($0.50).

Panther Metals Stock Down 6.5 %

The firm has a market cap of £1.54 million, a PE ratio of -913.54 and a beta of 1.19. The company has a current ratio of 3.12, a quick ratio of 1.47 and a debt-to-equity ratio of 13.52. The firm has a 50 day moving average price of GBX 47.43 and a 200-day moving average price of GBX 78.81.

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.