Portofino Resources Inc (CVE:POR) was up 35.7% on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 115,625 shares were traded during trading, an increase of 329% from the average daily volume of 26,962 shares. The stock had previously closed at C$0.07.
The firm has a market cap of $1.68 million and a price-to-earnings ratio of -1.01.
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Portofino Resources Inc engages in the acquisition and exploration of mineral property assets in Canada. It holds an option to acquire a 100% interest in the Iron HorseBolivar mineral property, which consists of seven mineral claims located in the Peachland region of British Columbia. The company was formerly known as Crude Investments Corp.
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