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Pasofino Gold (CVE:VEIN) Shares Down 4% - What's Next?

Pasofino Gold logo with Basic Materials background

Pasofino Gold Limited (CVE:VEIN - Get Free Report) fell 4% during trading on Wednesday . The company traded as low as C$0.48 and last traded at C$0.48. 1,500 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 34,961 shares. The stock had previously closed at C$0.50.

Pasofino Gold Stock Down 3.0%

The stock's 50-day moving average price is C$0.48 and its 200 day moving average price is C$0.50. The firm has a market capitalization of C$54.43 million, a price-to-earnings ratio of -1.43 and a beta of 1.10.

Pasofino Gold Company Profile

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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.

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