Shares of Panoro Minerals Ltd. (CVE:PML – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as C$0.85 and last traded at C$0.84, with a volume of 408642 shares traded. The stock had previously closed at C$0.80.
Panoro Minerals Stock Down 4.7%
The stock’s 50-day moving average price is C$0.53 and its two-hundred day moving average price is C$0.46. The company has a current ratio of 0.04, a quick ratio of 0.81 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of C$230.18 million, a P/E ratio of -81.00 and a beta of 2.16.
Panoro Minerals Company Profile
Panoro Minerals Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. The company explores for copper, molybdenum, lead, gold, silver, and zinc deposits. Its flagship project is the Cotabambas project located in the southern Peru. The company was formerly known as Panoro Resources Ltd. and changed its name to Panoro Minerals Ltd. in June 2003. Panoro Minerals Ltd. was incorporated in 1994 and is headquartered in Vancouver, Canada.
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