Panoramic Resources

Panoramic Resources (ASX: PAN) is a mining company that explores, evaluates, develops and produces mineral deposits. The firm has stakes in nickel, gold, platinum group minerals, exploration projects in Australia, and exploration projects overseas. Some of the projects it is working on include the Savannah Nickel Project and Copernicus Nickel Project, the Gum Creek Gold Project; and the Panton PGM Project. The overseas operations of the firm are mostly based in northern European countries. The market cap of the firm is estimated to be over $226 million and it posted a revenue of $45 million in December 2020. Earlier this month, the company disclosed that it was restarting a nickel project in Western Australia that had been put on hold in 2016 for maintenance. The mining work on the site is expected to start later this year. Usually, cobalt is found alongside nickel in a chemically combined form in mines. As the company starts work on another nickel mine, it is placed 10th on our list of top 10 best cobalt stocks for 2021.