Pasofino Gold Limited (CVE:VEIN – Get Free Report)’s share price dropped 5.7% on Tuesday . The stock traded as low as C$0.50 and last traded at C$0.50. Approximately 730,675 shares changed hands during trading, an increase of 1,333% from the average daily volume of 50,995 shares. The stock had previously closed at C$0.53.
Pasofino Gold Trading Down 5.7%
The company has a market capitalization of C$63.52 million, a price-to-earnings ratio of -2.78 and a beta of 0.56. The firm’s 50 day moving average price is C$0.54 and its two-hundred day moving average price is C$0.51.
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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