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Pin to quick picksPanther Metals Share News (PALM)

Share Price Information for Panther Metals (PALM)

London Stock Exchange
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Share Price: 98.50
Bid: 95.00
Ask: 102.00
Change: 94.55 (2,393.67%)
Spread: 7.00 (7.368%)
Open: 98.50
High: 98.50
Low: 98.50
Prev. Close: 3.95
PALM Live PriceLast checked at -

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AIM WINNERS & LOSERS: Westminster Group, MediaZest return some gains

Mon, 21st Jun 2021 10:10

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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AIM - WINNERS

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UK Oil & Gas PLC, up 18% at 0.21 pence, 12-month range 0.10p-0.55p. The company now has an extra two years to decide whether or not to drill the PEDL234 Loxley-1 gas appraisal well, after receiving an extension from the UK's Oil & Gas Authority. Also notes the Oceanmec Karahan ZJ40DZ rig has now been mobilised to the Basur-3 appraisal well in western Turkey.

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Panther Metals PLC, up 6.4% at 14.10 pence, 12-month range 6.03p-17.90p. Announces JORC-compliant exploration target at Coglia nickel and cobalt project in Australia. Exploration target consists of 30.0 million to 50.0 million metric tonnes of nickel-cobalt laterite mineralisation at grading between 0.6% and 0.8% nickel.

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AIM - LOSERS

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MediaZest PLC, down 10% at 0.092p, 12-month range 0.030p-0.18p. Gives back some of Friday's hefty gains, when it closed 11% higher. On Friday, the company said it was involved with the new Vashi store in Covent Garden, London. Stock remains 94% higher since 2021 started.

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Westminster Group PLC, down 11% at 5.50p, 12-month range 3.80p-11.47p. Similarly sees a share price fall after rallying 11% on Friday. The stock also jumped 41% last week Tuesday after agreeing an airport security deal in the Democratic Republic of the Congo. Stock has risen 34% since 2021 began.

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Ilika PLC, down 11% at 5.50p, 12-month range 3.80p-11.47p. Says trading in year ended April 30 went in line with expectations, though the battery technology firm expects revenue to fall to GBP2.3 million, from GBP2.8 million, and its adjusted loss before interest, tax, depreciation and amortisation is tipped to widen to GBP2.3 million from GBP2.1 million.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
2 Jan 2024 12:11

IN BRIEF: Panther Metals rises amid expectations for growth in 2024

Panther Metals PLC - Canada-focused mineral exploration company - Says it is "well positioned" for accelerated growth in 2024. Chief Executive Officer Darren Hazelwood said: "External factors, such as the continued drive towards decarbonisation, renewable energy and electric vehicles has resulted in a global shift towards securing access to critical raw materials and metals, creating a favourable environment that Panther will leverage given our geographic positioning to serve the North American market." It also places "strategic emphasis" on the Obonga project situated within the highly prospective Obonga greenstone belt.

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29 Dec 2023 11:16

Panther Metals takes options on mining claims to extend Obongo project

(Alliance News) - Panther Metals PLC on Friday said it has agreed to a purchase option over 35 single-cell mining claims in Ontario, Canada.

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20 Dec 2023 12:13

IN BRIEF: Panther Metals cancels loan notes as project under budget

Panther Metals PLC - Canada-focused mineral exploration company - Gives update on financing arrangements. On November 20, agreed to issue in aggregate GBP300,000 in face value of 15% unsecured loan notes with a 12 month maturity, and warrants attached on a one-for-one basis with an exercise price of 3.3 pence each. The proceeds were meant to be used to fund Panther's inaugural diamond drilling programme at the Manitou Lakes project in Ontario, Canada.

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5 Dec 2023 18:09

EARNINGS AND TRADING: Oxford Metrics revenue up; TPXimpact loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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30 Nov 2023 19:57

EARNINGS AND TRADING: Lendinvest completes securitisation

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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27 Nov 2023 20:02

TRADING UPDATES: Live Co to cut jobs; SDX Energy in strategy shift

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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21 Nov 2023 14:27

IN BRIEF: Panther Metals starts diamond drilling at Manitou Lakes

Panther Metals PLC - Canada-focused mineral exploration company - Starts diamond drilling programme at Manitou Lakes project to target gold mineralisation at the Glass Reef target. Says option partner Shear Gold Exploration Corp is providing geological oversight and logistical management. Chief Executive Officer Darren Hazelwood says: "I am delighted to report that the inaugural drilling programme on the Manitou Lakes project has now commenced with the drill rig arriving at the roadhead and the drilling contractor commencing ground access and preparation work at the Glass Reef target."

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20 Nov 2023 18:23

TRADING UPDATES: Eqtec to restucture; Bushveld to sell Cellcub stake

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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15 Nov 2023 14:28

IN BRIEF: Panther Metals says metallurgical tests complete at Coglia

Panther Metals PLC - Canada-focused mineral exploration company - Says Australian arm Panther Metals Ltd has received all assays from the recent drilling programme on the periphery of a nickel-cobalt mineral resource estimate at the Coglia project in Western Australia. Panther Australia has also completed Stage 1 metallurgical test work which identified sulphuric acid as the optimal reagent for a heap leaching operation. Stage 2 work has now commenced. Panther Australia, in which Panther Metals has a 23.54% shareholding, will in due course initiate a scoping study to provide an economic valuation of Coglia.

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1 Nov 2023 14:31

IN BRIEF: Panther Metals Chief Operating Officer resigns

Panther Metals PLC - Canada-focused mineral exploration company - Says Chief Operating Officer Mitchell Smith resigned on Tuesday, as well as non-executive director Kate Asling. Says Katherine O'Reilly and Tracy Weslosky have been appointed non-executive directors, effective immediately.

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30 Oct 2023 17:45

TRADING UPDATES: Versarien "pleased"; D4t4 first-half revenue rises

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
24 Oct 2023 17:27

EARNINGS AND TRADING: Fiske swings to profit, Aterian starts Rwanda JV

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News:

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3 Oct 2023 14:17

Fulcrum Metals increases Charlot-Neely Lake uranium-gold project stake

(Alliance News) - Fulcrum Metals PLC on Tuesday said it is increasing its stake in the Charlot-Neely Lake uranium-gold project in northern Saskatchewan by 63%.

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27 Sep 2023 16:06

TRADING UPDATES: ECR Minerals submits exploration licence in Australia

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
25 Sep 2023 13:50

Panther Metals celebrates drill assays, swings to half-year profit

(Alliance News) - Panther Metals PLC on Monday said it swung to a profit in its latest half year and made strong progress on its exploration projects, although it remains reliant on future fundraising.

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