Parallel Mining Corp. (CVE:PAL – Get Free Report) was up 7.1% during mid-day trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 180,200 shares were traded during mid-day trading, an increase of 337% from the average daily volume of 41,250 shares. The stock had previously closed at C$0.14.
Parallel Mining Stock Up 7.1 %
The company has a debt-to-equity ratio of 78.11, a current ratio of 0.81 and a quick ratio of 0.48. The firm’s 50-day moving average price is C$0.15 and its 200 day moving average price is C$0.15. The firm has a market capitalization of C$3.02 million and a price-to-earnings ratio of -1.53.
About Parallel Mining
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.
Featured Articles
- Five stocks we like better than Parallel Mining
- What is MarketRank™? How to Use it
- Boeing: Why Analysts Think Now’s The Time To Be Brave
- Which Wall Street Analysts are the Most Accurate?
- Advanced Micro Devices is Building Momentum with AI: Buy the Dip
- How to buy stock: A step-by-step guide for beginners
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
Receive News & Ratings for Parallel Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parallel Mining and related companies with MarketBeat.com's FREE daily email newsletter.
