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An announcement from Panthera Resources Plc ( (GB:PAT) ) is now available.
Panthera Resources Plc has announced its intention to apply for cross-trading its ordinary shares on the OTCQB Venture Market, aiming to facilitate easier access for North American investors. This move is expected to enhance the company’s market visibility and potentially increase its shareholder base, while the shares will continue to trade on the London Stock Exchange.
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 is focused on exploring and developing gold resources in these regions, leveraging its strategic market presence to enhance its growth potential.
Average Trading Volume: 814,052
Technical Sentiment Signal: Buy
Current Market Cap: £53.37M
Learn more about PAT stock on TipRanks’ Stock Analysis page.