Panoro Minerals (CVE:PML) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Panoro Minerals Ltd. (CVE:PML)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.43 and traded as high as C$0.51. Panoro Minerals shares last traded at C$0.48, with a volume of 244,144 shares.

Panoro Minerals Stock Down 1.0%

The company has a quick ratio of 0.81, a current ratio of 0.04 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of C$131.60 million, a P/E ratio of -48.00 and a beta of 2.16. The firm has a 50 day simple moving average of C$0.42 and a two-hundred day simple moving average of C$0.43.

Panoro Minerals Company Profile

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.