Panoramic Resources (ASX:PAN) Shares Cross Below 200-Day Moving Average of $0.37

Panoramic Resources Ltd (ASX:PAN)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.37 and traded as low as $0.30. Panoramic Resources shares last traded at $0.31, with a volume of 8,398,141 shares trading hands.

The stock has a 50 day simple moving average of A$0.35 and a 200-day simple moving average of A$0.37. The firm has a market cap of $169.49 million and a PE ratio of -11.48. The company has a debt-to-equity ratio of 35.20, a current ratio of 2.20 and a quick ratio of 1.05.

Panoramic Resources Company Profile (ASX:PAN)

Panoramic Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties. It operates through five segments: Nickel, Gold, Platinum Group Metals, Australian Exploration, and Overseas Exploration. It holds interests in the Savannah nickel project in Western Australia; and the Gum Creek gold project located to the northeast of Perth, Western Australia.

Read More: Understanding Options Trading

Receive News & Ratings for Panoramic Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Panoramic Resources and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit