Pasofino Gold (CVE:VEIN) Sets New 12-Month High – Should You Buy?

Pasofino Gold Limited (CVE:VEINGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$0.88 and last traded at C$0.87, with a volume of 142500 shares traded. The stock had previously closed at C$0.88.

Pasofino Gold Price Performance

The company has a market cap of C$132.91 million, a PE ratio of -5.50 and a beta of 1.17. The stock’s 50-day moving average is C$0.74 and its 200 day moving average is C$0.62.

About Pasofino Gold

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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.

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