Panthera Resources (LON:PAT) Stock Price Down 7% – Here’s Why

Panthera Resources PLC (LON:PATGet Free Report) shares traded down 7% during mid-day trading on Tuesday . The stock traded as low as GBX 7.31 ($0.09) and last traded at GBX 7.33 ($0.09). 1,449,195 shares changed hands during mid-day trading, an increase of 91% from the average session volume of 758,954 shares. The stock had previously closed at GBX 7.88 ($0.10).

Panthera Resources Price Performance

The firm has a market capitalization of Ā£15.32 million, a P/E ratio of -785.00 and a beta of 1.02. The stock’s fifty day simple moving average is GBX 7.62 and its 200 day simple moving average is GBX 7.02.

About Panthera Resources

(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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