Shares of Panoro Minerals Ltd. (CVE:PML – Get Free Report) traded up 31% during mid-day trading on Tuesday . The stock traded as high as C$0.55 and last traded at C$0.55. 113,006 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 132,216 shares. The stock had previously closed at C$0.42.
Panoro Minerals Stock Up 21.4%
The business’s fifty day moving average price is C$0.40 and its 200 day moving average price is C$0.43. The company has a current ratio of 0.04, a quick ratio of 0.81 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of C$139.83 million, a price-to-earnings ratio of -51.00 and a beta of 1.66.
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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