Portofino Resources (CVE:POR) Sets New 1-Year Low at $0.07

Portofino Resources Inc. (CVE:POR – Get Rating) hit a new 52-week low on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 37850 shares. The stock had previously closed at C$0.07.

The company has a fifty day moving average of C$0.09 and a two-hundred day moving average of C$0.11. The stock has a market capitalization of C$6.51 million and a price-to-earnings ratio of -2.12.

About Portofino Resources (CVE:POR)

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 3 claims totaling 1,147 hectares located in the Schwenger and McCaul Townships, Ontario; the Gold Creek property comprising 15 mining claims containing 197 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.

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