Panoro Minerals (CVE:PML) Stock Price Up 21.4% – What’s Next?

Panoro Minerals Ltd. (CVE:PMLGet Free Report) shares were up 21.4% during trading on Tuesday . The company traded as high as C$0.55 and last traded at C$0.51. Approximately 114,506 shares changed hands during trading, a decline of 17% from the average daily volume of 137,173 shares. The stock had previously closed at C$0.42.

Panoro Minerals Stock Up 19.0%

The firm’s fifty day moving average is C$0.40 and its two-hundred day moving average is C$0.43. The firm has a market cap of C$137.09 million, a price-to-earnings ratio of -50.00 and a beta of 1.66. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.04 and a quick ratio of 0.81.

About Panoro Minerals

(Get Free Report)

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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