Pasofino Gold Limited (CVE:VEIN – Get Free Report) shares were down 12.1% during trading on Monday . The stock traded as low as C$0.51 and last traded at C$0.51. Approximately 12,000 shares were traded during trading, a decline of 75% from the average daily volume of 47,250 shares. The stock had previously closed at C$0.58.
Pasofino Gold Price Performance
The business’s 50-day moving average is C$0.58 and its two-hundred day moving average is C$0.59. The firm has a market cap of C$57.24 million, a P/E ratio of -1.50 and a beta of 1.10.
Insider Activity at Pasofino Gold
In other Pasofino Gold news, Senior Officer Lincoln Greenidge acquired 59,500 shares of the business’s stock in a transaction dated Thursday, December 19th. The stock was bought at an average cost of C$0.58 per share, with a total value of C$34,510.00. 70.53% of the stock is owned by company 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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