Pasofino Gold (CVE:VEIN) Sets New 52-Week High – Here’s What Happened

Pasofino Gold Limited (CVE:VEIN)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.88 and last traded at C$0.87, with a volume of 142500 shares. The stock had previously closed at C$0.88.

Pasofino Gold Stock Performance

The stock’s 50-day simple moving average is C$0.73 and its 200 day simple moving average is C$0.62. The company has a market capitalization of C$131.40 million, a PE ratio of -5.44 and a beta of 1.17.

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.