Panoro Minerals Ltd. (CVE:PML – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$1.81 and last traded at C$1.68, with a volume of 55090 shares trading hands. The stock had previously closed at C$1.66.
Wall Street Analyst Weigh In
Separately, Raymond James Financial set a C$4.25 price objective on shares of Panoro Minerals and gave the stock an “outperform” rating in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Panoro Minerals currently has a consensus rating of “Buy” and a consensus price target of C$4.25.
Check Out Our Latest Report on Panoro Minerals
Panoro Minerals Trading Up 2.3%
Panoro Minerals Company Profile
Panoro Minerals Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. The company explores for copper, molybdenum, lead, gold, silver, and zinc deposits. Its flagship project is the Cotabambas project located in the southern Peru. The company was formerly known as Panoro Resources Ltd. and changed its name to Panoro Minerals Ltd. in June 2003. Panoro Minerals Ltd. was incorporated in 1994 and is headquartered in Vancouver, Canada.
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