Pasofino Gold (CVE:VEIN) Shares Down 3.8% - Should You Sell?

Pasofino Gold Limited (CVE:VEIN - Get Free Report)'s stock price fell 3.8% on Thursday . The company traded as low as C$0.50 and last traded at C$0.50. 83,100 shares changed hands during mid-day trading, an increase of 156% from the average session volume of 32,483 shares. The stock had previously closed at C$0.52.

Pasofino Gold Stock Down 3.8%

The stock has a fifty day moving average of C$0.48 and a 200-day moving average of C$0.50. The firm has a market capitalization of C$56.12 million, a P/E ratio of -1.47 and a beta of 1.10.

Pasofino Gold Company Profile

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.

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