Pasofino Gold (CVE:VEIN) Hits New 1-Year High – Still a Buy?
by Renee Jackson · The Cerbat GemPasofino Gold Limited (CVE:VEIN – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as C$0.90 and last traded at C$0.90, with a volume of 1000 shares trading hands. The stock had previously closed at C$0.89.
Pasofino Gold Stock Performance
The stock has a market cap of C$135.93 million, a price-to-earnings ratio of -15.00 and a beta of 1.08. The business’s fifty day simple moving average is C$0.88 and its 200 day simple moving average is C$0.72.
Pasofino Gold Company Profile
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. Pasofino Gold Limited was incorporated in 2010 and is headquartered in Toronto, Canada.