Pasofino Gold (CVE:VEIN) Stock Price Up 1.5% – Here’s Why

Pasofino Gold Limited (CVE:VEINGet Free Report)’s share price rose 1.5% on Monday . The stock traded as high as C$0.68 and last traded at C$0.67. Approximately 19,500 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 57,447 shares. The stock had previously closed at C$0.66.

Pasofino Gold Price Performance

The business has a 50 day simple moving average of C$0.60 and a 200 day simple moving average of C$0.55. The company has a market capitalization of C$101.19 million, a price-to-earnings ratio of -4.19 and a beta of 0.68.

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

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