Portofino Resources Inc. (CVE:POR – Get Free Report)’s stock price dropped 12.5% on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 127,000 shares traded hands during trading, a decline of 15% from the average daily volume of 149,413 shares. The stock had previously closed at C$0.04.
Portofino Resources Stock Performance
The firm has a market cap of C$6.91 million, a price-to-earnings ratio of -2.00 and a beta of 1.64. The company’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.07.
About Portofino Resources
Portofino Resources Inc acquires, explores for, and develops mineral properties in the Americas. The company holds an option to acquire 100% interests in the Sapawe West property that comprises various claims totaling 1,147 hectares located in the Schwenger and McCaul Townships, Ontario; the Gold Creek property comprising various mining claims containing various contiguous cell units covering an area of approximately 4,036 hectares located primarily in the Duckworth Township, Ontario; and the Melema West gold property covering an area of 869 hectares located to the northeast of the town of Atikokan, Ontario.
Read More
- Five stocks we like better than Portofino Resources
- What Is WallStreetBets and What Stocks Are They Targeting?
- MarketBeat Week in Review – 4/22 – 4/26
- The Role Economic Reports Play in a Successful Investment Strategy
- 3 Stocks Leading the U.S. Agriculture Comeback
- The 3 Best Blue-Chip Stocks to Buy Now
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Portofino Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Portofino Resources and related companies with MarketBeat.com's FREE daily email newsletter.
