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CVE:PALParallel Mining Stock Price, Forecast & News

C$0.16
-0.01 (-5.88 %)
(As of 05/28/2020 04:00 PM ET)
Add
Compare
Today's Range
C$0.16
Now: C$0.16
C$0.16
50-Day Range
C$0.10
MA: C$0.14
C$0.19
52-Week Range
C$0.10
Now: C$0.16
C$0.53
Volume3,500 shs
Average Volume15,754 shs
Market CapitalizationC$2.02 million
P/E RatioN/A
Dividend YieldN/A
BetaN/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
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
CIKN/A
Phone604-682-2928

Debt

Price-To-Earnings

Sales & Book Value

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

Profitability

Miscellaneous

EmployeesN/A
Market CapC$2.02 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 reached pandemic status according to the World Health Organization. Since then, PAL shares have increased by 39.1% and is now trading at C$0.16. View which stocks have been most impacted by Coronavirus.

Has Parallel Mining been receiving favorable news coverage?

Media coverage about PAL stock has trended very negative on Thursday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Parallel Mining earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutParallel 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$0.16.

How big of a company is Parallel Mining?

Parallel Mining has a market capitalization of C$2.02 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 5/28/2020 by MarketBeat.com Staff

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