Pasofino Gold (CVE:VEIN) Reaches New 12-Month High – Here’s Why

Pasofino Gold Limited (CVE:VEINGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.87 and last traded at C$0.87, with a volume of 483064 shares changing hands. The stock had previously closed at C$0.85.

Pasofino Gold Stock Up 2.4%

The firm has a market capitalization of C$131.40 million, a PE ratio of -5.44 and a beta of 1.17. The firm’s 50 day moving average price is C$0.70 and its two-hundred day moving average price is C$0.60.

Pasofino Gold Company Profile

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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. Pasofino Gold Limited was incorporated in 2010 and is headquartered in Toronto, Canada.

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