Portofino Resources (CVE:POR) Reaches New 52-Week Low at $0.03

Shares of Portofino Resources Inc. (CVE:POR) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 130000 shares. The stock had previously closed at C$0.03.

Portofino Resources Trading Down 16.7 %

The company has a market cap of C$4.38 million, a P/E ratio of -1.25 and a beta of 1.62. The business’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.05.

About Portofino Resources

Portofino Resources Inc acquires, explores for, and develops mineral properties in the Americas. The company holds an option to acquire 100% interests in the Sapawe West property that comprises various claims totaling 1,147 hectares located in the Schwenger and McCaul Townships, Ontario; the Gold Creek property comprising various mining claims containing various contiguous cell units covering an area of approximately 4,036 hectares located primarily in the Duckworth Township, Ontario; and the Melema West gold property covering an area of 869 hectares located to the northeast of the town of Atikokan, Ontario.