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CVE:PALParallel Mining Stock Price, Forecast & News

+0.02 (+16.00 %)
(As of 07/10/2020 05:44 AM ET)
Today's Range
Now: C$0.15
50-Day Range
MA: C$0.15
52-Week Range
Now: C$0.15
Volume2,000 shs
Average Volume23,948 shs
Market CapitalizationC$2.94 million
P/E RatioN/A
Dividend YieldN/A
Parallel Mining Corp. evaluates, acquires, explores for, develops, and exploits base and precious metal properties in Canada and Africa. It holds an option to acquire a 100% interest in the Mane II property covering an area of 163 square kilometers located in the Kaya-Goren greenstone belt in Ouagadougou, Burkina Faso. The company was formerly known as Parallel Resources Ltd. and changed its name to Parallel Mining Corp. in December 2011. Parallel Mining Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.56 out of 5 stars

Industry, Sector and Symbol

Industry Industrial Metals & Minerals



Sales & Book Value

Annual SalesN/A
Cash FlowC$0.03 per share
Book ValueC$0.02 per share



Market CapC$2.94 million
Next Earnings DateN/A
OptionableNot Optionable

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Parallel Mining (CVE:PAL) Frequently Asked Questions

How has Parallel Mining's stock been impacted by COVID-19 (Coronavirus)?

Parallel Mining's stock was trading at C$0.12 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PAL shares have increased by 26.1% and is now trading at C$0.15. View which stocks have been most impacted by Coronavirus.

Has Parallel Mining been receiving favorable news coverage?

Press coverage about PAL stock has been trending negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Parallel Mining earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Parallel Mining.

Who are some of Parallel Mining's key competitors?

What other stocks do shareholders of Parallel Mining own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Parallel Mining investors own include TD Ameritrade (AMTD), Ecobalt Solutions (ECS), Nordic American Tanker (NAT), Stryker (SYK), Clinigen Group (CLIN), China Green Agriculture (CGA), BOX (BOX), American Axle & Manufact. (AXL), Armstrong World Industries (AWI) and Aroundtown (AT1).

Who are Parallel Mining's key executives?

Parallel Mining's management team includes the following people:
  • Mr. John David Anderson, Pres, CEO & Director (Age 55)
  • Mr. Rakesh I. Patel CPA, C.A., Chief Financial Officer
  • Mr. Robert Alan Sibthorpe M.B.A., VP of Exploration (Age 69)
  • Ms. Jan Urata, Sec.

What is Parallel Mining's stock symbol?

Parallel Mining trades on the Canadian Venture Exchange (CVE) under the ticker symbol "PAL."

How do I buy shares of Parallel Mining?

Shares of PAL and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Parallel Mining's stock price today?

One share of PAL stock can currently be purchased for approximately C$0.15.

How big of a company is Parallel Mining?

Parallel Mining has a market capitalization of C$2.94 million.

What is Parallel Mining's official website?

The official website for Parallel Mining is parallelmining.com.

How can I contact Parallel Mining?

The company can be reached via phone at 604-682-2928.

This page was last updated on 7/10/2020 by MarketBeat.com Staff

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