Pasofino Gold (CVE:VEIN) Hits New 1-Year High – Should You Buy?

Pasofino Gold Limited (CVE:VEINGet Free Report) reached a new 52-week high on Friday . The company traded as high as C$0.89 and last traded at C$0.88, with a volume of 332791 shares trading hands. The stock had previously closed at C$0.88.

Pasofino Gold Stock Performance

The stock has a market cap of C$132.91 million, a P/E ratio of -5.50 and a beta of 1.32. The stock has a 50 day simple moving average of C$0.81 and a 200 day simple moving average of C$0.66.

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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