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Panther Metals Plc ( (GB:PALM) ) has shared an announcement.
Panther Metals plc announced the sale of its remaining shares in Fulcrum Metals plc, totaling 7,625,122 ordinary shares at 3.5 pence each, resulting in an aggregate amount of £266,879.27. This transaction marks Panther’s complete divestment from Fulcrum, potentially allowing the company to focus more resources on its core exploration activities in Canada, which could enhance its operational focus and industry positioning.
More about Panther Metals Plc
Panther Metals plc is an exploration company listed on the London Stock Exchange, focusing on discovering commercially viable mineral deposits. The company operates in established mining jurisdictions with scalable project potential, utilizing advanced technologies and geological data for rapid assessment. Panther’s portfolio includes two promising properties in Ontario, Canada: the Obonga Project, known for its VMS-style mineralized systems, and the Dotted Lake Project, which has shown gold mineralization.
YTD Price Performance: -54.71%
Average Trading Volume: 20,558
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2M
For a thorough assessment of PALM stock, go to TipRanks’ Stock Analysis page.