Para Resources (CVE:PBR) Sets New 12-Month Low at $0.12

Para Resources Inc (CVE:PBR)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 52000 shares trading hands. The stock had previously closed at C$0.13.

The stock’s 50-day moving average price is C$0.15 and its 200-day moving average price is C$0.17. The company has a market cap of $28.10 million and a P/E ratio of -1.77. The company has a debt-to-equity ratio of 44.72, a current ratio of 0.35 and a quick ratio of 0.16.

About Para Resources (CVE:PBR)

Para Resources Inc, a natural resource company, engages in acquiring, exploring, developing, and mining properties in North and South America. The company owns approximately 80% interest in the El Limon project, a gold mine located near the town of Zaragoza, Colombia; and a 100% interest in the Tucumã copper/gold exploration project, which consists of six mineral concessions covering a total of 11,456 hectares located in the Carajas metallogenic province in the State of Pará, Brazil.

Further Reading: CD Ladder

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