Pasofino Gold (CVE:VEIN) Trading Down 9.7% – Here’s What Happened

by · The Cerbat Gem

Shares of Pasofino Gold Limited (CVE:VEIN – Get Free Report) were down 9.7% during trading on Monday . The stock traded as low as C$0.52 and last traded at C$0.56. Approximately 22,000 shares were traded during mid-day trading, an increase of 8% from the average daily volume of 20,459 shares. The stock had previously closed at C$0.62.

Pasofino Gold Price Performance

The stock has a market capitalization of C$67.34 million, a price-to-earnings ratio of -1.76 and a beta of 1.10. The firm’s fifty day moving average is C$0.67 and its 200-day moving average is C$0.58.

Pasofino Gold Company Profile

(Get Free Report)

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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