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CVE:PAL

Parallel Mining Corp. (PAL.V) Stock Forecast, Price & News

C$0.15
+0.01 (+7.14 %)
(As of 09/28/2020)
Add
Compare
Today's Range
C$0.13
Now: C$0.15▼
C$0.15
50-Day Range
C$0.15
MA: C$0.15▼
C$0.15
52-Week Range
C$0.10
Now: C$0.15▼
C$0.30
Volume180,200 shs
Average Volume41,250 shs
Market CapitalizationC$3.02 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Parallel Mining Corp. acquires, explores for, develops, exploits, and evaluates base and precious metal properties in Canada and Africa. It holds an option to acquire a 100% interest in the Mane II gold 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.

MarketRank™

Overall MarketRank™

0.56 out of 5 stars

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

Industry, Sector and Symbol

Stock Exchange CVE
Industry Industrial Metals & Minerals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolCVE:PAL
Previous Symbol
CUSIPN/A
CIKN/A
Webparallelmining.com
Phone604-682-2928
EmployeesN/A
Year FoundedN/A

Debt

Debt-to-Equity Ratio23.69
Current Ratio5.05
Quick Ratio4.92

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowC$0.03 per share
Price / Cash Flow4.55
Book ValueC$0.03 per share
Price / Book5.56

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Outstanding Shares20,158,000
Market CapC$3.02 million
Next Earnings DateN/A
OptionableNot Optionable
C$0.15
+0.01 (+7.14 %)
(As of 09/28/2020)
30 days | 90 days | 365 days | Advanced Chart

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Parallel Mining Corp. (PAL.V) (CVE:PAL) Frequently Asked Questions

How has Parallel Mining Corp. (PAL.V)'s stock price been impacted by Coronavirus?

Parallel Mining Corp. (PAL.V)'s stock was trading at C$0.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PAL stock has increased by 30.4% and is now trading at C$0.15.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Parallel Mining Corp. (PAL.V)?

Wall Street analysts have given Parallel Mining Corp. (PAL.V) a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Parallel Mining Corp. (PAL.V) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Who are some of Parallel Mining Corp. (PAL.V)'s key competitors?

Some companies that are related to Parallel Mining Corp. (PAL.V) include Purepoint Uranium Group Inc. (PTU.V) (PTU), NorthIsle Copper and Gold Inc. (NCX.V) (NCX), Ironveld Plc (IRON.L) (IRON), Cassiar Gold Corp. (MRL.V) (MRL), Dunnedin Ventures (DVI), Ultra Lithium (ULI), Noble Mineral Exploration Inc. (NOB.V) (NOB), Galantas Gold Co. (GAL.V) (GAL), Braveheart Resources Inc. (BHT.V) (BHT), Patagonia Gold (PGD), Kintavar Exploration (KTR), Champion Bear Resources Ltd. (CBA.V) (CBA), Warrior Gold Inc. (WAR.V) (WAR), Constantine Metal Resources Ltd. (CEM.V) (CEM) and Blue Star Gold Corp. (BAU.V) (BAU).
View all of PAL's competitors.

What other stocks do shareholders of Parallel Mining Corp. (PAL.V) own?

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

Who are Parallel Mining Corp. (PAL.V)'s key executives?

Parallel Mining Corp. (PAL.V)'s management team includes the following people:
  • Mr. John David Anderson, Pres, CEO & Director (Age 56, Pay $45.5k)
  • Mr. Rakesh I. Patel CPA, C.A., Chief Financial Officer
  • Mr. Robert Alan Sibthorpe M.B.A., VP of Exploration (Age 70)
  • Ms. Jan Urata, Sec. (Age 56)

What is Parallel Mining Corp. (PAL.V)'s stock symbol?

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

How do I buy shares of Parallel Mining Corp. (PAL.V)?

Shares of PAL and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is Parallel Mining Corp. (PAL.V)'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 Corp. (PAL.V)?

Parallel Mining Corp. (PAL.V) has a market capitalization of C$3.02 million.

What is Parallel Mining Corp. (PAL.V)'s official website?

The official website for Parallel Mining Corp. (PAL.V) is parallelmining.com.

How can I contact Parallel Mining Corp. (PAL.V)?

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

This page was last updated on 1/25/2021 by MarketBeat.com Staff
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