Panoro Minerals (CVE:PML) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Panoro Minerals Ltd. (CVE:PML)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.48 and traded as high as C$0.71. Panoro Minerals shares last traded at C$0.70, with a volume of 6,500 shares traded.

Panoro Minerals Trading Up 4.5%

The company has a market capitalization of C$198.92 million, a PE ratio of -70.00 and a beta of 3.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.81 and a current ratio of 0.04. The business has a fifty day moving average price of C$0.62 and a 200 day moving average price of C$0.48.

About Panoro Minerals

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.