Pacton Gold Inc. (CVE:PAC – Get Free Report)’s share price dropped 19.2% during trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 44,000 shares were traded during mid-day trading, a decline of 14% from the average daily volume of 51,332 shares. The stock had previously closed at C$0.13.
Pacton Gold Stock Performance
The stock has a 50 day moving average of C$0.11 and a 200 day moving average of C$0.11. The company has a quick ratio of 8.61, a current ratio of 0.87 and a debt-to-equity ratio of 3.49. The company has a market capitalization of C$1.05 million, a price-to-earnings ratio of -0.25 and a beta of 1.24.
About Pacton Gold
Pacton Gold Inc, a junior exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company explores for gold deposits. It focuses on the exploration and development of high-grade gold properties located in the Red Lake gold rush in Ontario, Canada.
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