Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Panthera Resources Plc ( (GB:PAT) ) has provided an update.
Panthera Resources Plc has announced the issuance of 1,160,494 new ordinary shares following the conversion of warrants, raising gross proceeds of £77,521. The new shares are expected to commence trading on AIM by the end of July 2025, increasing the company’s issued share capital to 243,983,140 ordinary shares, which may impact shareholder calculations under the Financial Conduct Authority’s rules.
Spark’s Take on GB:PAT Stock
According to Spark, TipRanks’ AI Analyst, GB:PAT is a Neutral.
Panthera Resources Plc shows a strong technical performance with positive market momentum, but financial instability and lack of profitability weigh heavily on the overall score. The recent corporate events provide a positive outlook for potential future growth, yet significant financial risks remain due to operational losses and reliance on external funding.
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 with assets located in West Africa and India. The company focuses on identifying and developing gold mining opportunities in these regions.
Average Trading Volume: 1,008,005
Technical Sentiment Signal: Buy
Current Market Cap: £32.78M
For an in-depth examination of PAT stock, go to TipRanks’ Overview page.