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Pasofino Gold (CVE:VEIN) Shares Down 9.7% - Here's Why

Pasofino Gold logo with Basic Materials background

Pasofino Gold Limited (CVE:VEIN - Get Free Report)'s share price fell 9.7% during mid-day trading on Monday . The stock traded as low as C$0.52 and last traded at C$0.56. 22,000 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 20,459 shares. The stock had previously closed at C$0.62.

Pasofino Gold Price Performance

The firm has a market capitalization of C$67.34 million, a PE ratio of -1.76 and a beta of 1.10. The firm has a fifty day moving average price of C$0.67 and a 200 day moving average price of C$0.58.

About Pasofino Gold

(Get Free Report)

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.

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