Pasofino Gold Limited (CVE:VEIN – Get Free Report) was down 12.1% during trading on Monday . The company traded as low as C$0.51 and last traded at C$0.51. Approximately 12,000 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 47,250 shares. The stock had previously closed at C$0.58.
Pasofino Gold Stock Performance
The firm has a market capitalization of C$58.36 million, a P/E ratio of -1.53 and a beta of 1.10. The firm has a 50 day simple moving average of C$0.57 and a two-hundred day simple moving average of C$0.59.
Insider Activity at Pasofino Gold
In other Pasofino Gold news, Senior Officer Lincoln Greenidge purchased 59,500 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The stock was bought at an average cost of C$0.58 per share, with a total value of C$34,510.00. 70.53% of the stock is owned by insiders.
About Pasofino Gold
Pasofino Gold Limited engages in the acquisition, exploration, and development of mineral properties. It has an option to acquire 49% interest in the Dugbe gold project covering an area of 2,559 square kilometers situated in southern Liberia. The company was formerly known as Enforcer Gold Corp. and changed its name to Pasofino Gold Limited in October 2019.
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