Shares of Panoro Minerals Ltd. (CVE:PML – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as C$1.21 and last traded at C$1.20, with a volume of 670802 shares changing hands. The stock had previously closed at C$1.10.
Panoro Minerals Stock Up 9.1%
The company has a quick ratio of 0.81, a current ratio of 0.04 and a debt-to-equity ratio of 0.35. The company has a market capitalization of C$341.01 million, a PE ratio of -120.00 and a beta of 3.20. The business’s 50 day simple moving average is C$0.84 and its 200 day simple moving average is C$0.57.
About Panoro Minerals
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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