Portofino Resources Inc. (CVE:POR – Get Free Report) shares fell 16.7% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 213,856 shares changed hands during trading, an increase of 46% from the average session volume of 146,896 shares. The stock had previously closed at C$0.03.
Portofino Resources Stock Performance
The firm has a market cap of C$4.38 million, a P/E ratio of -1.50 and a beta of 1.62. The business has a 50-day simple moving average of C$0.04 and a 200 day simple moving average of C$0.05.
About Portofino Resources
Portofino Resources Inc acquires, explores for, and develops mineral properties in the Americas. The company holds an option to acquire 100% interests in the Sapawe West property that comprises various claims totaling 1,147 hectares located in the Schwenger and McCaul Townships, Ontario; the Gold Creek property comprising various mining claims containing various contiguous cell units covering an area of approximately 4,036 hectares located primarily in the Duckworth Township, Ontario; and the Melema West gold property covering an area of 869 hectares located to the northeast of the town of Atikokan, Ontario.
Featured Articles
- Five stocks we like better than Portofino Resources
- What is MarketRank™? How to Use it
- Stock Impact: McDonald’s Price War with Starbucks, Wendy’s
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- General Mills Q4 Sales Miss Expectations, Triggering Stock Drop
- Profitably Trade Stocks at 52-Week Highs
- Enovix Stock Rises 35% in Short-Squeeze: This Rally Has Legs
Receive News & Ratings for Portofino Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Portofino Resources and related companies with MarketBeat.com's FREE daily email newsletter.