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Panther Metals Plc
(LSE:PALM)
Panther Metals Plc (PALM) vs. iShares MSCI United Kingdom ETF (EWC)
Panther Metals Plc Business Overview & Revenue Model
Panther Metals Plc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.24M | -2.21M | 498.51K | -736.47K | -126.27K | -668.20K |
| Net Income | -2.31M | -2.21M | 269.18K | -953.00K | -126.00K | -668.00K |
Balance Sheet | ||||||
| Total Assets | 2.59M | 3.04M | 4.26M | 3.55M | 2.67M | 1.63M |
| Cash, Cash Equivalents and Short-Term Investments | 27.29K | 17.54K | 66.12K | 48.86K | 100.59K | 241.19K |
| Total Debt | 0.00 | 172.50K | 406.50K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 515.12K | 924.13K | 704.48K | 336.44K | 262.61K | 107.42K |
| Stockholders Equity | 2.07M | 2.11M | 3.56M | 3.21M | 2.41M | 1.52M |
Cash Flow | ||||||
| Free Cash Flow | -552.02K | -291.54K | -562.01K | -1.58M | -1.08M | -1.24M |
| Operating Cash Flow | -552.02K | -291.54K | -368.09K | -625.98K | -556.75K | -881.74K |
| Investing Cash Flow | -415.80K | -132.04K | 35.35K | -949.66K | -523.86K | -359.51K |
| Financing Cash Flow | 758.16K | 375.00K | 350.00K | 1.52M | 940.00K | 1.48M |
Panther Metals Plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | £9.61M | -0.56 | -47.73% | ― | 93.10% | -150.00% | |
51 Neutral | £10.20M | 5.22 | -2.46% | ― | ― | ― | |
48 Neutral | £7.38M | -0.83 | -110.53% | ― | ― | ― | |
46 Neutral | £4.18M | -1.95 | -86.67% | ― | ― | ― | |
41 Neutral | £695.88K | -0.67 | -491.71% | ― | ― | ― |
Panther Metals Plc Corporate Events
Panther Metals has released the first batch of assay results from Vibracore tailings sampling at its Winston Tailings Project in Ontario, showing consistent grades of gold and multiple critical and base metals through the vertical and lateral profiles of four core holes. The results support or exceed earlier preliminary assays and strengthen management’s confidence that the tailings host uniformly distributed mineralisation, a key factor for predictable processing and scalable production.
The data will feed into a Mineral Resource estimate that underpins Panther’s plan to convert the project into a future cash-flowing operation and supports its application for a Recovery of Minerals Permit. With 109 Vibracore collar locations across the tailings storage facility and ongoing logging and sampling, the programme is designed to quantify remaining metal content in historic Winston Lake tailings, potentially unlocking significant residual value while contributing to long-term environmental rehabilitation of the former mine site.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £89.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals has completed the vibracore sample collection phase at its Winston Tailings Project in Ontario, a key step toward defining a mineral resource from historic mine tailings containing gold, gallium, silver, zinc, copper, indium, cobalt, and other metals. The program recovered vertically and laterally representative cores from 109 grid locations, revealed tailings thickness exceeding expectations, and is feeding laboratory analyses that will underpin a mineral resource estimate and support a minerals recovery permit application.
The company is positioning Winston as a near-term, development-focused asset with lower geological risk, while advancing high-impact exploration at its Obonga VMS and critical minerals district and expanding polymetallic potential at Dotted Lake near Hemlo. This balanced portfolio strategy, backed by recent permitting progress and ongoing First Nation engagement, is intended to create shareholder value through disciplined capital deployment and exposure to favourable commodity themes including critical minerals and mine-waste reprocessing.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £89.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals plc has published a shareholder circular containing the notice of a general meeting, along with a proxy form, as it moves forward with formal corporate business related to its Canadian-focused mineral exploration activities. The general meeting is scheduled for 31 March 2026 in London, and the documents are now available on the company’s website and via the UK Financial Conduct Authority’s National Storage Mechanism, providing investors with detailed information on the resolutions to be considered.
The publication of the circular and notice of meeting marks a procedural step in Panther Metals’ governance cycle, giving shareholders the opportunity to review and vote on matters that could influence the company’s strategic direction and ongoing exploration plans. By making the materials accessible through both its own site and the FCA’s platform, the company underscores regulatory compliance and transparency, which are important for investor confidence in a small-cap exploration business.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £89.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals has advanced its Wishbone volcanogenic massive sulphide prospect at the Obonga Project in Ontario, following completion and 3D inversion modelling of a high-resolution drone magnetic survey. The work has refined drill targeting for a significant magnetic body coincident with highly anomalous copper in lake and stream sediments, strengthening the geological case for a sizeable VMS system.
The company holds an exploration permit valid to mid-2027 that allows up to 39 diamond drill holes and down-hole electromagnetic surveys, clearing the way for an intensive drilling campaign in the coming quarter. Wishbone, already confirmed as a VMS base metals target through 2021–22 sulphide and zinc-copper intercepts and located in a camp-scale VMS setting analogous to Sturgeon Lake, could materially enhance Panther’s asset base and exploration profile if upcoming drilling validates the scale suggested by geophysics and prior drilling.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £89.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals has launched investigatory metallurgical testwork on magnesium recovery from serpentinite at its Dotted Lake project in Ontario, following drill results showing extensive, high-grade magnesium-bearing ultramafic intrusions with associated nickel, chromium, PGE and silver. The company has submitted 134kg of crushed drill core to TDI to assess Extrakt’s proprietary extraction technology, aiming to establish baseline recovery data that could underpin a future process route for a potential magnesium source linked to lightweight alloys and clean energy demand.
The update comes as Panther advances its broader Canadian portfolio, including a planned 2,000-metre diamond drilling campaign at the Wishbone prospect within the Obonga Project, where prior work has confirmed VMS-style sulphide mineralisation and strong copper anomalies. Additional permits at Awkward West and ongoing geophysical surveys across Obonga, alongside tailings-focused work at the Winston Project to support a future mineral resource estimate, underscore the company’s strategy of combining high-impact critical minerals exploration with near-term, lower-risk value opportunities.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £89.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals has signed a non-binding letter of interest with Traxys Europe for its Winston Tailings Project in Ontario, covering potential collaboration on financing and marketing future production of gold, gallium, silver, zinc, copper, indium, cobalt and other recoverable minerals. Management views the Traxys engagement as a strong third-party endorsement that could de-risk the path to production and signal greater market confidence as Panther advances a Mineral Resource estimate and permitting.
The company also highlighted continuing progress across its broader Canadian portfolio, including a forthcoming 2,000-metre drilling programme at the Wishbone prospect on the Obonga Greenstone Belt and expanded drilling capacity at Awkward West targeting graphite and critical metals. Additional work at the Dotted Lake project near Barrick’s Hemlo mine has confirmed gold, nickel, magnesium and VMS-style mineralisation, supporting Panther’s strategy of balanced, discovery-led growth and near-term development potential aimed at building long-term shareholder value.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £89.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals has appointed PKF Littlejohn LLP as its new external auditor for the financial year ending 31 December 2025, replacing Keelings Limited with immediate effect. The board chose PKF, which is registered with the Canadian Public Accountability Board, as the most suitable auditor given Panther Metals’ plans for a dual listing in North America, underscoring its strategic push to align governance and reporting with its expanding Canadian-focused operations.
PKF’s appointment remains subject to shareholder approval at the company’s 2026 annual general meeting, a standard step that formalises the transition in audit oversight. The move signals Panther Metals’ further integration into North American capital markets and regulatory frameworks, with implications for enhanced investor access and compliance as it advances its mineral exploration ambitions in Canada.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £89.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals has filed a preliminary non-offering prospectus with the Ontario Securities Commission and applied for a secondary listing of its ordinary shares on the Canadian Securities Exchange, while maintaining its primary listing in London. Management believes a CSE listing could enhance liquidity for existing shareholders and broaden access to capital through exposure to Canada’s mining-focused investor base, although approval is not guaranteed.
The company has also completed an NI 43-101 compliant technical report on its Obonga Project in Ontario, prepared by Fladgate Exploration Consulting’s Neil Pettigrew, which will be available on SEDAR+ and via its website. Publication of the report is a key step in advancing the Canadian exploration asset and supports regulatory disclosure requirements tied to the proposed Canadian listing, potentially strengthening Panther’s position among junior mining peers.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £89.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals has advanced work on its Winston Tailings Project in Ontario, where independent contractor Bayside Geoscience is conducting grid-based vibracore sampling from an ice barge to characterise the full vertical profile of the tailings. The first batch of samples is being logged in Thunder Bay and will be sent for geochemical analysis to support a formal mineral resource estimate.
Independent consultant SRK Exploration is preparing the mineral resource estimate in line with Canadian CIM standards, which will underpin future NI 43-101 reporting and support Panther’s application for a Recovery of Minerals Permit. Once assays are received, a bulk composite will be sent to Extrakt Process Solutions for phased metallurgical testwork using cyanide-free hydrometallurgical technology, positioning the project as a potential near-term cashflow source and enhancing the company’s growth and value proposition in strong commodity markets.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £89.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals has raised £1.19m through a significantly oversubscribed placing of 1.7m new shares at 70p, representing about 24.3% of its existing share capital and a modest discount to the market price. The funds come from strong support by new and existing institutional investors and will expand the company’s capital base ahead of a planned dual listing in North America.
Proceeds will accelerate drilling at the Wishbone VMS discovery within the Obonga Project, advance feasibility work on the Winston tailings for recovery of multiple high-value metals, and fund magnesium-focused metallurgical tests on Dotted Lake core, alongside general working capital. Management positions this financing as a catalyst to fast-track key Canadian assets, strengthen Panther’s exploration-led growth strategy, and enhance its competitive standing in the critical minerals and gold exploration space.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £89.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals has secured a new three-year purchase option over three multicell mining claims—Otter Gold, Z2 Gold and Wig—within its Obonga Project in Ontario, extending its rights over these gold and base metal prospects through to January 2029. The option, agreed with claim holder Karen Siltamaki as a partial replacement of a previous arrangement, covers properties adjacent to Panther’s existing Wishbone and Awkward prospects and targets gold, palladium, platinum, nickel, copper, cobalt and zinc, supported by historic drilling that has already intersected mineralisation. Under the deal, Panther will pay staged option fees and may acquire the claims for C$200,000 plus a 1.5% net smelter return royalty, contingent on drilling at least 1,800 metres including a hole on each claim, thereby committing the company to meaningful exploration. The move strengthens Panther’s district-scale position at Obonga, complements its expanding work programs backed by recently granted exploration permits at Wishbone and Awkward, and reinforces a portfolio strategy that also includes advancing the Hemlo-adjacent Dotted Lake gold project and the Winston tailings reprocessing opportunity, all designed to drive discovery-led growth and enhance long-term shareholder value.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £70.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals has appointed US-based Extrakt Process Solutions to carry out phased metallurgical testwork at its Winston Tailings Project in Ontario, a key step toward securing a Recovery of Minerals Permit and progressing the project to a potential cashflow-generating operation. The Phase 1 programme will characterise tailings from the historic Winston Lake Mine and generate baseline extraction data for gold, gallium, indium, silver, zinc, copper and cobalt, underpinning a forthcoming mineral resource estimate by SRK and supporting the case for economically viable reprocessing of tailings, which could unlock residual metal value and contribute to site rehabilitation. The move aligns Panther’s broader Canadian strategy, which also includes advancing its Obonga VMS and critical minerals district and its Hemlo-adjacent Dotted Lake gold project, both of which have seen recent permitting and drilling progress that enhance the company’s exploration pipeline and long-term growth prospects.
The most recent analyst rating on (GB:PALM) stock is a Hold with a £66.00 price target. To see the full list of analyst forecasts on Panther Metals Plc stock, see the GB:PALM Stock Forecast page.
Panther Metals PLC reported a year of substantial technical and strategic progress in 2025, highlighting material advances across its Canadian portfolio, strengthened industry and investor engagement, and an improved balance sheet following equity raises. The company refined geological models, advanced metallurgical work and de-risked key projects including the Wishbone VMS prospect at Obonga, the Winston tailings project—where multi-metal potential has been confirmed and an independent mineral resource estimate is under way—and the Dotted Lake gold project, where recent drilling and studies have expanded mineralisation and reinforced its strategic importance. Looking ahead, Panther is preparing a dual listing in North America to tap deeper capital markets, while focusing on developing a robust cash-flow model and accelerating work on its core assets, positioning 2026 as a potentially transformational year for growth, value creation and broader market recognition within the Canadian exploration sector.