Pasofino Gold Limited (CVE:VEIN – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.40 and last traded at C$0.40, with a volume of 10500 shares changing hands. The stock had previously closed at C$0.41.
Pasofino Gold Stock Down 6.3 %
The company has a market cap of C$42.09 million, a P/E ratio of -1.10 and a beta of 1.10. The firm’s 50-day moving average price is C$0.49 and its 200-day moving average price is C$0.58.
Insider Activity at Pasofino Gold
In related news, Senior Officer Lincoln Greenidge acquired 59,500 shares of the stock in a transaction dated Thursday, December 19th. The shares were purchased at an average price of C$0.58 per share, for a total transaction of C$34,510.00. 70.53% of the stock is owned by corporate insiders.
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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