Pasofino Gold Limited (CVE:VEIN – Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.40 and last traded at C$0.40, with a volume of 10500 shares trading hands. The stock had previously closed at C$0.41.
Pasofino Gold Price Performance
The firm’s fifty day moving average is C$0.50 and its two-hundred day moving average is C$0.58. The firm has a market cap of C$44.89 million, a price-to-earnings ratio of -1.18 and a beta of 1.10.
Insider Activity
In other news, Senior Officer Lincoln Greenidge bought 59,500 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were purchased at an average cost of C$0.58 per share, with a total value of C$34,510.00. Insiders own 70.53% of the company’s stock.
Pasofino Gold Company Profile
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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