Pasofino Gold Limited (CVE:VEIN – Get Free Report) dropped 3.4% during mid-day trading on Monday . The company traded as low as C$0.53 and last traded at C$0.57. Approximately 117,000 shares changed hands during trading, an increase of 216% from the average daily volume of 36,980 shares. The stock had previously closed at C$0.59.
Pasofino Gold Price Performance
The stock’s 50-day moving average is C$0.52 and its 200-day moving average is C$0.50. The stock has a market cap of C$72.41 million, a price-to-earnings ratio of -3.17 and a beta of 0.51.
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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