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The latest update is out from Panthera Resources Plc ( (GB:PAT) ).
Panthera Resources has reported positive maiden reverse circulation drilling results from the Kwademen prospect within its Bido Project in Burkina Faso, confirming historical zones of gold mineralisation and returning several high-grade intercepts within broader mineralised zones that remain open in multiple directions. Having now completed its earn-in to secure an 80% interest in Bido, with an option to move to full ownership through additional exploration spending, Panthera’s successful programme—despite weather-related delays and technical challenges—supports the project’s potential in a proven gold belt and strengthens the company’s strategic position amid a favourable gold price environment and capped royalty obligations to the vendor.
The most recent analyst rating on (GB:PAT) stock is a Hold with a £20.50 price target. To see the full list of analyst forecasts on Panthera Resources Plc stock, see the GB:PAT Stock Forecast page.
Spark’s Take on GB:PAT Stock
According to Spark, TipRanks’ AI Analyst, GB:PAT is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and cash burn despite a low-debt balance sheet). Technicals provide moderate support with price above key longer-term moving averages and neutral momentum. Valuation is less supportive due to a negative P/E and no dividend yield, while corporate events add modest upside from project progress and liquidity improvements but remain tempered by arbitration risk.
To see Spark’s full report on GB:PAT stock, click here.
More about Panthera Resources Plc
Panthera Resources Plc is a gold exploration and development company listed on AIM, focused on advancing gold assets in West Africa and India. Its portfolio includes the Bido Project in Burkina Faso, where the company is progressing from exploration towards potential resource definition in a well-endowed gold belt.
Average Trading Volume: 553,023
Technical Sentiment Signal: Buy
Current Market Cap: £54.21M
See more data about PAT stock on TipRanks’ Stock Analysis page.