CVE:PALParallel Mining Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Parallel Mining Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$0.16 -0.01 (-5.88 %) (As of 05/28/2020 04:00 PM ET) Add Compare Share Today's RangeC$0.16Now: C$0.16▼C$0.1650-Day RangeC$0.10MA: C$0.14▼C$0.1952-Week RangeC$0.10Now: C$0.16▼C$0.53Volume3,500 shsAverage Volume15,754 shsMarket CapitalizationC$2.02 millionP/E RatioN/ADividend YieldN/ABetaN/A ProfileAdvanced ChartCompetitorsInsider TradesHeadlinesSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Parallel Mining. Previous Next 2.8 Community Rank Outperform VotesParallel Mining has received 17 “outperform” votes. (Add your “outperform” vote.)Underperform VotesParallel Mining has received 13 “underperform” votes. (Add your “underperform” vote.)Community SentimentParallel Mining has received 56.67% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Parallel Mining and other stocks. Vote “Outperform” if you believe PAL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PAL will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldParallel Mining does not currently pay a dividend.Dividend GrowthParallel Mining does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Parallel Mining insiders have not sold or bought any company stock. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Parallel Mining is -2.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Parallel Mining is -2.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioParallel Mining has a P/B Ratio of 8.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange CVE Industry Industrial Metals & Minerals Sub-IndustryN/A SectorBasic Materials Current SymbolCVE:PAL Previous Symbol CUSIPN/A CIKN/A Webparallelmining.com Phone604-682-2928Debt Debt-to-Equity Ratio23.69 Current Ratio1.34 Quick Ratio1.25Price-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 Flow5.17 Book ValueC$0.02 per share Price / Book8.42Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares12,647,000Market CapC$2.02 million Next Earnings DateN/A OptionableNot Optionable TSXV:PAL Rates by TradingView Receive PAL News and Ratings via Email Sign-up to receive the latest news and ratings for PAL and its competitors with MarketBeat's FREE daily newsletter. 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? Some companies that are related to Parallel Mining include NorthIsle Copper & Gold (NCX), Fission 3.0 (FUU), Margaux Resources (MRL), Dunnedin Ventures (DVI), Ultra Lithium (ULI), Marenica Energy (MEY), Lindian Resources (LIN), White Rock Minerals (WRM), Globe Metals & Mining (GBE), Ausquest (AQD), Galantas Gold (GAL), Hawkstone Mining (HWK), MRG Metals (MRQ), Braveheart Resources (BHT) and Patagonia Gold (PGD). View all 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 OfficerMr. 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
