Pasofino Gold Limited (CVE:VEIN – Get Free Report)’s stock price traded down 2% on Monday . The company traded as low as C$0.50 and last traded at C$0.50. 4,100 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 31,366 shares. The stock had previously closed at C$0.51.
Pasofino Gold Trading Down 2.0 %
The firm has a market cap of C$56.12 million, a PE ratio of -1.47 and a beta of 1.10. The business’s 50-day simple moving average is C$0.53 and its 200 day simple moving average is C$0.58.
Insider Buying and Selling
In related news, Senior Officer Lincoln Greenidge acquired 59,500 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The shares were bought at an average price of C$0.58 per share, with a total value of C$34,510.00. 70.53% of the stock is currently owned by 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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