Panthera Resources (LON:PAT) Shares Down 9.7% – Should You Sell?

Panthera Resources PLC (LON:PATGet Free Report)’s share price traded down 9.7% during mid-day trading on Monday . The stock traded as low as GBX 5.78 ($0.08) and last traded at GBX 5.78 ($0.08). 308,679 shares were traded during trading, a decline of 1% from the average session volume of 311,432 shares. The stock had previously closed at GBX 6.40 ($0.08).

Panthera Resources Stock Performance

The business’s fifty day simple moving average is GBX 6.82 and its 200 day simple moving average is GBX 6.55. The stock has a market cap of £13.66 million, a price-to-earnings ratio of -700.00 and a beta of 1.02.

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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