Panther Metals Plc (GB:PALM) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Panther Metals PLC has sold its entire stake in Panther Australia, fetching AUD 421,328 (£219,000) after expenses, with the aim to focus on transformative exploration on its Canadian properties. CEO Darren Hazelwood emphasizes the importance of adaptability in the junior exploration sector and asserts that the sale aligns with the company’s strategy to benefit shareholders. The company continues to pursue significant discoveries on its Canadian geological portfolio, which includes promising drill targets like the Obonga Project and the Dotted Lake Project.
For further insights into GB:PALM stock, check out TipRanks’ Stock Analysis page.