Pasofino Gold (CVE:VEIN) Stock Price Down 1.4% – Here’s What Happened

Pasofino Gold Limited (CVE:VEINGet Free Report) dropped 1.4% during mid-day trading on Friday . The stock traded as low as C$0.71 and last traded at C$0.71. Approximately 24,000 shares were traded during trading, an increase of 28% from the average daily volume of 18,704 shares. The stock had previously closed at C$0.72.

Pasofino Gold Stock Down 1.4 %

The firm has a 50 day simple moving average of C$0.61 and a 200-day simple moving average of C$0.56. The stock has a market cap of C$79.68 million, a P/E ratio of -2.03 and a beta of 1.10.

About Pasofino Gold

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Pasofino Gold Limited engages in the acquisition, exploration, and development of mineral properties. It has an option to acquire 49% interest in the Dugbe gold project covering an area of 2,559 square kilometers situated in southern Liberia. The company was formerly known as Enforcer Gold Corp. and changed its name to Pasofino Gold Limited in October 2019.

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