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Panthera Resources Plc
(LSE:PAT)
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Rating:50Neutral
Price Target:
21.00 p
▲(1.20% Upside)
Action:Reiterated
Date:09/07/26
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and rising cash burn), partly offset by low leverage. Technicals are moderately positive with price above key moving averages and supportive momentum, while valuation remains constrained due to a negative P/E and no dividend yield provided.
Positive Factors
Low Leverage
Minimal or no debt in most years reduces fixed financial obligations and leaves the company with more flexibility than a highly leveraged explorer. This can help preserve strategic options while Panthera advances projects, although it does not offset the need to fund ongoing losses.
Negative Factors
Pre-Revenue Business
With no reported revenue, Panthera lacks an operating sales base to absorb corporate and project costs, making future performance dependent on successful project advancement and eventual commercialisation. This leaves profitability unproven and increases sensitivity to funding and development outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Minimal or no debt in most years reduces fixed financial obligations and leaves the company with more flexibility than a highly leveraged explorer. This can help preserve strategic options while Panthera advances projects, although it does not offset the need to fund ongoing losses.
Read all positive factors
Panthera Resources Plc (PAT) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£55.14M
Dividend YieldN/A
Average Volume (3M)472.29K
Price to Earnings (P/E)―
Beta (1Y)0.69
Revenue GrowthN/A
EPS Growth17.71%
CountryUK
Employees10
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.01
Shares Outstanding260,099,820
10 Day Avg. Volume770,979
30 Day Avg. Volume472,292
Financial Highlights & Ratios
PEG Ratio1.51
Price to Book (P/B)19.88
Price to Sales (P/S)0.00
P/FCF Ratio-30.38
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Panthera Resources Plc Business Overview & Revenue Model
Company Description
Panthera Resources PLC primarily dedicates its efforts to discovering and advancing gold projects throughout India and West Africa. A key asset is the Bhukia Project, a substantial gold deposit situated in India's Rajasthan state. The company form...
Panthera Resources Plc Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
41
Neutral
Cash Flow
18
Very Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -2.66M | -2.27M | -1.66M | -2.26M | -2.44M |
| Net Income | -2.65M | -2.38M | -2.12M | -3.14M | -3.08M |
Balance Sheet | |||||
| Total Assets | 4.26M | 6.79M | 2.52M | 2.10K | 3.16M |
| Cash, Cash Equivalents and Short-Term Investments | 2.09M | 3.14M | 281.50K | 126.00 | 175.93K |
| Total Debt | 0.00 | 0.00 | 67.93K | 0.00 | 0.00 |
| Total Liabilities | 1.06M | 2.47M | 1.06M | 869.00 | 735.25K |
| Stockholders Equity | 3.61M | 4.72M | 1.85M | 1.61M | 2.78M |
Cash Flow | |||||
| Free Cash Flow | -2.36M | -2.10M | -1.91M | -2.26K | -2.13K |
| Operating Cash Flow | -2.36M | -2.10M | -1.91M | -1.85K | -2.13K |
| Investing Cash Flow | -76.16K | -2.44K | -156.74K | -23.00 | -688.00 |
| Financing Cash Flow | 1.39M | 4.96M | 2.22M | 1.82K | 1.40K |
Panthera Resources Plc Technical Analysis
Positive
20.75
Price Trends
20.67
Positive
19.91
Positive
20.52
Positive
Market Momentum
0.25
Negative
56.44
Neutral
68.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PAT, the sentiment is Positive. The current price of 20.75 is below the 20-day moving average (MA) of 20.90, above the 50-day MA of 20.67, and above the 200-day MA of 20.52, indicating a bullish trend. The MACD of 0.25 indicates Negative momentum. The RSI at 56.44 is Neutral, neither overbought nor oversold. The STOCH value of 68.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PAT.
Panthera Resources Plc Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | £55.14M | -24.08 | -73.69% | ― | ― | 17.71% | |
50 Neutral | £15.91M | -16.25 | -5.77% | ― | ― | -100.00% | |
49 Neutral | £72.70M | -42.80 | -4.66% | ― | ― | -13.64% | |
44 Neutral | £7.47M | -37.23 | -0.55% | ― | ― | 77.01% | |
43 Neutral | £41.71M | -2.58 | -28.28% | 22.22% | ― | -458.82% | |
42 Neutral | £8.26M | -6.84 | -12.39% | ― | ― | 86.31% |
* Basic Materials Sector Average
GB:PAT
Panthera Resources Plc
21.00
8.20
64.06%
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1.45
-0.25
-14.71%
GB:ORR
Oriole Resources PLC
0.33
-0.10
-23.26%
GB:WSBN
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22.00
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GB:CGNR
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GB:CORA
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9.60
0.60
6.67%
Panthera Resources Plc Corporate Events
Business Operations and StrategyLegal ProceedingsPrivate Placements and Financing
Panthera Raises £2.69m to Fund India Arbitration as Chairman Plans Share Sale
Neutral
Sep 3, 2026
Panthera Resources has raised approximately £2.69 million through a placing and subscription of 15,362,780 new shares at 17.5 pence, representing about 5.6% of its enlarged share capital and a 16.67% discount to the prior closing price. The f...
Business Operations and StrategyFinancial DisclosuresLegal ProceedingsPrivate Placements and FinancingShareholder Meetings
Panthera Resources Advances India Arbitration and West African Gold Portfolio Amid Wider Loss
Neutral
Sep 3, 2026
Panthera Resources reported audited results for the year to 31 March 2026, posting a consolidated loss of US$2.66 million as it advanced legal action over its Bhukia gold project in India and progressed exploration across its West African portfoli...
Regulatory Filings and Compliance
Panthera Resources Confirms Total Voting Rights at 260 Million Shares
Neutral
Jul 31, 2026
Panthera Resources Plc has confirmed that its issued share capital currently consists of 260,099,816 ordinary shares of 1 pence each, with one voting right per share and no shares held in treasury. This figure establishes the total number of votin...
Business Operations and StrategyLegal Proceedings
Panthera Moves Bhukia Arbitration Toward Key Hearing as Litigation Risks Loom
Negative
Jul 20, 2026
Panthera Resources’ subsidiary Indo Gold Pty Ltd has filed its Reply on Merits and Principles of Compensation and Counter-Memorial on Jurisdiction and Admissibility in its US$1.58 billion arbitration claim against the Republic of India, alle...
Delistings and Listing ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Panthera Resources Raises Funds Through Option Conversions and New Share Issue
Neutral
Jul 1, 2026
Panthera Resources has issued 803,021 new ordinary shares following the exercise of options at prices of 7 pence and 5.5 pence, raising gross proceeds of approximately £53,395. The move modestly strengthens the company’s balance sheet w...
Regulatory Filings and Compliance
Panthera Resources Confirms Total Voting Rights at 259.3 Million Shares
Neutral
Jun 30, 2026
Panthera Resources has confirmed that its issued share capital currently comprises 259,296,795 ordinary shares of 1 pence each, all carrying one voting right and with no shares held in treasury. This figure sets the official total voting rights fo...
Private Placements and Financing
Panthera Resources Issues New Shares After Option Conversions
Neutral
Jun 11, 2026
Panthera Resources has issued 385,616 new ordinary shares following the exercise of options at 5.5 pence and 7.0 pence, raising gross proceeds of about £24,375. The move modestly strengthens the company’s cash position while slightly di...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.