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Pasofino Gold (CVE:VEIN) Shares Down 3.8% - Here's What Happened

Pasofino Gold logo with Basic Materials background

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

Pasofino Gold Stock Up 8.0%

The stock has a market capitalization of C$60.60 million, a P/E ratio of -1.59 and a beta of 1.10. The firm's 50 day simple moving average is C$0.48 and its two-hundred day simple moving average is C$0.49.

About Pasofino Gold

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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.

Further Reading

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