Panther Metals is trading at £142.50 (+9.62%) after the August 17, 2026 Dotted Lake Phase 1 magnesium recovery announcement.

  • Testwork reportedly achieved approximately 38 wt.% magnesium recovery, exceeding conventional single-stage recovery limits, although results remain preliminary.
  • Bitcoin and Ethereum were broadly flat, so crypto momentum does not explain the move; the warrant admission was comparatively minor.