Portofino Resources Inc. (CVE:POR – Get Free Report) shares traded up 100% on Friday . The company traded as high as C$0.01 and last traded at C$0.01. 172,800 shares changed hands during trading, an increase of 145% from the average session volume of 70,601 shares. The stock had previously closed at C$0.01.
Portofino Resources Trading Up 100.0%
The business’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The stock has a market cap of C$1.75 million, a price-to-earnings ratio of -1.00 and a beta of -3.61. The company has a quick ratio of 0.28, a current ratio of 0.05 and a debt-to-equity ratio of -20.00.
About Portofino Resources
Portofino Resources Inc acquires, explores for, and develops mineral properties in the Americas. The company holds an option to acquire 100% interests in the Sapawe West property that comprises various claims totaling 1,147 hectares located in the Schwenger and McCaul Townships, Ontario; the Gold Creek property comprising various mining claims containing various contiguous cell units covering an area of approximately 4,036 hectares located primarily in the Duckworth Township, Ontario; and the Melema West gold property covering an area of 869 hectares located to the northeast of the town of Atikokan, Ontario.
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