Panoro Minerals Ltd. (CVE:PML – Get Free Report) shares rose 21.4% on Tuesday . The company traded as high as C$0.55 and last traded at C$0.51. Approximately 114,506 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 137,173 shares. The stock had previously closed at C$0.42.
Panoro Minerals Stock Up 19.0%
The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.81 and a current ratio of 0.04. The company has a market cap of C$137.09 million, a P/E ratio of -50.00 and a beta of 1.66. The stock has a 50 day moving average price of C$0.40 and a 200 day moving average price of C$0.43.
About Panoro Minerals
Panoro Minerals Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. The company explores for copper, molybdenum, lead, gold, silver, and zinc deposits. Its flagship project is the Cotabambas project located in the southern Peru. The company was formerly known as Panoro Resources Ltd. and changed its name to Panoro Minerals Ltd. in June 2003. Panoro Minerals Ltd. was incorporated in 1994 and is headquartered in Vancouver, Canada.
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