Pasofino Gold (CVE:VEIN) Price Target Lowered to C$1.20 at Stifel Nicolaus

Pasofino Gold (CVE:VEINGet Rating) had its price objective cut by Stifel Nicolaus from C$2.20 to C$1.20 in a research report report published on Monday, BayStreet.CA reports.

Pasofino Gold Price Performance

VEIN opened at C$0.66 on Monday. The business has a fifty day simple moving average of C$0.69 and a 200 day simple moving average of C$0.80. The company has a market capitalization of C$27.14 million and a PE ratio of -0.91. Pasofino Gold has a 1 year low of C$0.56 and a 1 year high of C$1.12.

Pasofino Gold Company Profile

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Pasofino Gold Limited engages in the acquisition, exploration, and development of mineral properties. It has an option to acquire a 49% interest in the Dugbe gold project covering an area of 2,559 square kilometers situated in southern Liberia. The company was formerly known as Enforcer Gold Corp. and changed its name to Pasofino Gold Limited in October 2019.

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