Panoro Minerals (CVE:PML) Reaches New 12-Month High – Here’s What Happened

Panoro Minerals Ltd. (CVE:PML)’s share price reached a new 52-week high on Monday . The stock traded as high as C$0.69 and last traded at C$0.66, with a volume of 65138 shares traded. The stock had previously closed at C$0.61.

Panoro Minerals Stock Up 14.8%

The company has a market cap of C$191.92 million, a P/E ratio of -70.00 and a beta of 2.16. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.04 and a quick ratio of 0.81. The company has a 50 day moving average of C$0.45 and a 200-day moving average of C$0.44.

Panoro Minerals Company Profile

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.