Panoro Minerals (CVE:PML) Trading Up 9.9% - What's Next?

Key Points

• Panoro Minerals (CVE:PML) jumped 9.9% on Tuesday to C$0.78, with ~235,613 shares traded—about 29% above its average daily volume.
• The company has a market cap of C$227.3M, a negative P/E (-80), high volatility (beta 3.0), 50-/200-day moving averages of C$0.64/C$0.50, and mixed liquidity metrics (quick ratio 0.81, reported current ratio 0.04).
• Panoro is an exploration-stage miner focused on copper, molybdenum, gold, silver, lead and zinc in Peru, with the Cotabambas project as its flagship asset.

Panoro Minerals Ltd. (CVE:PML - ) was up 9.9% during trading on Tuesday . The stock traded as high as C$0.78 and last traded at C$0.78. Approximately 235,613 shares traded hands during trading, an increase of 29% from the average daily volume of 182,760 shares. The stock had previously closed at C$0.71.

Panoro Minerals Stock Up 12.7%

The company has a market capitalization of C$227.34 million, a PE ratio of -80.00 and a beta of 3.00. The firm's 50-day simple moving average is C$0.64 and its 200 day simple moving average is C$0.50. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.81 and a current ratio of 0.04.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.