Panoramic Resources (ASX:PAN) Stock Price Crosses Below 50-Day Moving Average of $0.32

Panoramic Resources Ltd (ASX:PAN)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.32 and traded as low as $0.31. Panoramic Resources shares last traded at $0.32, with a volume of 428,849 shares changing hands.

The firm has a 50-day moving average of A$0.32 and a 200-day moving average of A$0.35. The company has a debt-to-equity ratio of 40.16, a quick ratio of 0.47 and a current ratio of 1.42. The firm has a market capitalization of $177.15 million and a P/E ratio of 16.00.

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.

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