Shares of Pacton Gold Inc. (CVE:PAC – Get Free Report) dropped 19.2% during mid-day trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 44,000 shares traded hands during trading, a decline of 14% from the average daily volume of 51,332 shares. The stock had previously closed at C$0.13.
Pacton Gold Price Performance
The stock has a market capitalization of C$5.72 million, a price-to-earnings ratio of -0.88 and a beta of 1.24. The company’s 50-day simple moving average is C$0.11 and its 200-day simple moving average is C$0.11. The company has a debt-to-equity ratio of 1.15, a current ratio of 3.28 and a quick ratio of 8.61.
Pacton Gold Company Profile
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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