Pantoro (ASX:PNR) Stock Price Down 6.1%

Pantoro Ltd (ASX:PNR) was down 6.1% during mid-day trading on Tuesday . The stock traded as low as A$0.16 ($0.11) and last traded at A$0.16 ($0.11), approximately 1,017,121 shares changed hands during mid-day trading. A decline of 34% from the average daily volume of 1,530,000 shares. The stock had previously closed at A$0.17 ($0.12).

The company has a market cap of $182.27 million and a P/E ratio of 155.00. The company has a current ratio of 3.73, a quick ratio of 3.41 and a debt-to-equity ratio of 0.79. The firm’s 50 day moving average price is A$0.18 and its 200-day moving average price is A$0.20.

About Pantoro (ASX:PNR)

Pantoro Limited engages in the exploration of mineral properties. It explores for gold and silver deposits. The company holds interests in the Halls Creek project that comprises the Nicolsons project located in the Kimberley region of Western Australia; and the Grants Creek and Mary River projects. It also holds interests in the Bulolo Gold and Garaina projects in Papua New Guinea.

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