Panthera Resources (LON:PAT) Shares Down 1.3% – Time to Sell?

Shares of Panthera Resources PLC (LON:PAT) were down 1.3% during trading on Monday . The company traded as low as GBX 19 and last traded at GBX 19.75. Approximately 178,127 shares traded hands during trading, a decline of 59% from the average daily volume of 433,170 shares. The stock had previously closed at GBX 20.

Panthera Resources Stock Performance

The firm has a market cap of £50.98 million, a P/E ratio of -16.06 and a beta of 1.11. The stock’s 50 day simple moving average is GBX 20.01 and its 200 day simple moving average is GBX 20.69.

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.