Pasofino Gold (CVE:VEIN) Stock Price Up 1.8% – Here’s What Happened

Pasofino Gold Limited (CVE:VEINGet Free Report) rose 1.8% during trading on Tuesday . The company traded as high as C$0.56 and last traded at C$0.56. Approximately 14,500 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 25,412 shares. The stock had previously closed at C$0.55.

Pasofino Gold Stock Up 1.8 %

The business’s 50-day simple moving average is C$0.47 and its two-hundred day simple moving average is C$0.56. The firm has a market capitalization of C$62.85 million, a price-to-earnings ratio of -1.65 and a beta of 1.10.

Pasofino Gold Company Profile

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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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