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An update from Panther Metals Plc ( (GB:PALM) ) is now available.
Panther Metals Plc announced that Nicholas O’Reilly, the Executive Chairman, executed a ‘Bed and ISA’ transaction involving the sale and repurchase of ordinary shares, which resulted in no change to his overall shareholding. The company’s Winston Project in Ontario, Canada, presents a strong economic case for mine redevelopment, with a feasibility study indicating a pre-tax NPV of C$175.8 million and an IRR of 26%. The project benefits from existing infrastructure and strong institutional and governmental support, with potential for increased mineral resources and reserves through further exploration.
More about Panther Metals Plc
Panther Metals Plc is an exploration company focused on mineral projects in Canada. The company is engaged in the exploration and development of mineral resources, particularly in the polymetallic zinc, copper, and precious metal sectors. Its market focus includes the redevelopment and resource building of high-grade critical mineral mines, with significant exploration potential for additional mineral resources.
Average Trading Volume: 35,618
Technical Sentiment Signal: Hold
Current Market Cap: £3.61M
Find detailed analytics on PALM stock on TipRanks’ Stock Analysis page.