Panoramic Resources (ASX:PAN) Stock Price Up 1.2%

Shares of Panoramic Resources Ltd (ASX:PAN) rose 1.2% during mid-day trading on Monday . The company traded as high as A$0.44 ($0.31) and last traded at A$0.44 ($0.31), approximately 607,192 shares changed hands during trading. An increase of 2% from the average daily volume of 594,000 shares. The stock had previously closed at A$0.43 ($0.30).

The company has a market cap of $177.15 million and a PE ratio of 21.75. The business has a 50-day simple moving average of A$0.33 and a 200-day simple moving average of A$0.34. The company has a quick ratio of 0.47, a current ratio of 1.42 and a debt-to-equity ratio of 40.16.

About Panoramic Resources (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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