Pasofino Gold (CVE:VEIN) Trading 2.4% Higher

Pasofino Gold Limited (CVE:VEINGet Free Report) shares shot up 2.4% during trading on Tuesday . The stock traded as high as C$0.42 and last traded at C$0.42. 12,500 shares were traded during trading, a decline of 20% from the average session volume of 15,606 shares. The stock had previously closed at C$0.41.

Pasofino Gold Stock Performance

The business has a 50-day moving average of C$0.53 and a 200-day moving average of C$0.49. The stock has a market capitalization of C$47.14 million, a price-to-earnings ratio of -4.20 and a beta of 1.10.

About Pasofino Gold

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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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