CVE:PALParallel Mining Stock Price, Forecast & News

C$0.12

+0.02 (+19.05 %)

(As of 04/8/2020 04:00 PM ET)

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Today's Range

C$0.12

Now: C$0.13▼

C$0.13

50-Day Range

C$0.10

MA: C$0.14▼

C$0.20

52-Week Range

C$0.10

Now: C$0.13▼

C$0.53

Volume32,000 shs

Average Volume20,635 shs

Market CapitalizationC$1.52 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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Parallel Mining.

2.8 Community Rank

Outperform Votes
Parallel Mining has received 17 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Parallel Mining has received 13 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Parallel 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.

0.0 Dividend Strength

Dividend Yield
Parallel Mining does not currently pay a dividend.
Dividend Growth
Parallel Mining does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Parallel Mining insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Parallel Mining is -1.49, 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. Sector
The P/E ratio of Parallel Mining is -1.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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

Webhttp://parallelmining.com/

Phone604-682-2928

Debt

Debt-to-Equity RatioN/A

Current Ratio0.03

Quick Ratio0.02

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$0.00 per share

Price / Cash Flow140.00

Book ValueC($0.06) per share

Price / Book-2.16

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares12,147,000

Market CapC$1.52 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 (WHO). Since then, PAL shares have increased by 8.7% and is now trading at C$0.13. View which stocks have been most impacted by Coronavirus.

Has Parallel Mining been receiving favorable news coverage?

News articles about PAL stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of 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 -3.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutParallel Mining.

Who are some of Parallel Mining's key competitors?

Some companies that are related to Parallel Mining include Champion Bear Resources (CBA), Explor Resources (EXS), Constantine Metal Resources (CEM), Blue Star Gold (BAU), Diamcor Mining (DMI), Koppar Resources (KRX), Libero Copper (LBC), Voyageur Minerals (VM), Toachi Mining (TIM), Minbos Resources (MNB), Surefire Resources (SRN), Silver Range Resources (SNG), Asian Mineral Resources (ASN), CANEX Metals (CANX) and Superior Resources (SPQ).

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), Nordic American Tanker (NAT), Stryker (SYK), Ecobalt Solutions (ECS), Crocs (CROX), Copart (CPRT), Coupa Software (COUP), American Superconductor (AMSC), John Wood Group (WG) and JPMorgan Japanese Investment Trust (JFJ).

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$0.13.

How big of a company is Parallel Mining?

Parallel Mining has a market capitalization of C$1.52 million. View additional information about Parallel Mining.

What is Parallel Mining's official website?

The official website for Parallel Mining is http://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 4/8/2020 by MarketBeat.com Staff

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