Shares of Panoro Minerals Ltd. (PML.V) (CVE:PML) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.20 and last traded at C$0.20, with a volume of 484000 shares traded. The stock had previously closed at C$0.14.
Separately, Fundamental Research assumed coverage on Panoro Minerals Ltd. (PML.V) in a research note on Tuesday, November 3rd. They set a “top pick” rating and a C$0.77 price objective for the company.
The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 20.94. The company has a 50-day simple moving average of C$0.12 and a 200 day simple moving average of C$0.12. The firm has a market cap of C$44.91 million and a PE ratio of -120.00.
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, gold, silver, and zinc deposits. Its flagship project is the Cotabambas project located in the District of Cotabambas.
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