Pasofino Gold (CVE:VEIN) Shares Up 1.5% – Should You Buy?

Pasofino Gold Limited (CVE:VEINGet Free Report)’s stock price shot up 1.5% on Monday . The stock traded as high as C$0.70 and last traded at C$0.69. 122,249 shares traded hands during trading, an increase of 36% from the average session volume of 89,919 shares. The stock had previously closed at C$0.68.

Pasofino Gold Stock Performance

The firm has a fifty day moving average price of C$0.62 and a 200 day moving average price of C$0.56. The company has a market cap of C$104.21 million, a price-to-earnings ratio of -4.31 and a beta of 0.46.

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. Pasofino Gold Limited was incorporated in 2010 and is headquartered in Toronto, Canada.

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