Pacton Gold (CVE:PAC) Stock Price Down 19.2% – Here’s What Happened

by · The Markets Daily

Pacton Gold Inc. (CVE:PAC – Get Free Report)’s stock price fell 19.2% during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. 44,000 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 51,332 shares. The stock had previously closed at C$0.13.

Pacton Gold Stock Performance

The company has a debt-to-equity ratio of 1.15, a current ratio of 3.28 and a quick ratio of 8.61. The stock has a fifty day moving average price of C$0.11 and a two-hundred day moving average price of C$0.11. The company has a market cap of C$5.72 million, a P/E ratio of -0.88 and a beta of 1.24.

Pacton Gold Company Profile

(Get Free Report)

Pacton Gold Inc, a junior exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company explores for gold deposits. It focuses on the exploration and development of high-grade gold properties located in the Red Lake gold rush in Ontario, Canada.

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