Panoro Minerals (CVE:PML) Shares Pass Above 200-Day Moving Average – Time to Sell?

Posted by Doug Wharley on Aug 21st, 2026

Shares of Panoro Minerals Ltd. (CVE:PML – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.14 and traded as high as C$1.73. Panoro Minerals shares last traded at C$1.73, with a volume of 49,850 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial set a C$4.25 target price on shares of Panoro Minerals and gave the stock an “outperform” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Panoro Minerals currently has an average rating of “Buy” and an average target price of C$4.25.

Check Out Our Latest Research Report on PML

Panoro Minerals Trading Up 5.1%

The stock has a market capitalization of C$572.90 million, a P/E ratio of -93.00 and a beta of 3.59. The firm’s 50 day moving average price is C$1.60 and its 200 day moving average price is C$1.15. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.04 and a quick ratio of 0.81.

Panoro Minerals Company Profile

(Get Free Report)

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.