Key Points
- Panoro Minerals director William John Boden sold 40,000 shares on Friday, May 8, at an average price of C$1.28, bringing in C$51,200.00. The sale reduced his ownership by just 0.33%.
- Boden has also been active in recent days, selling 50,000 shares on May 6 and 5,900 shares on May 7, indicating a string of insider selling transactions.
- Panoro Minerals shares were down 4.6% and opened at C$1.25, near their 12-month high of C$1.34. The company remains an exploration-stage miner focused on copper and other metals in Peru.
Panoro Minerals Ltd. (CVE:PML - Get Free Report) Director William John Boden sold 40,000 shares of the firm's stock in a transaction on Friday, May 8th. The stock was sold at an average price of C$1.28, for a total transaction of C$51,200.00. Following the sale, the director owned 12,202,720 shares in the company, valued at approximately C$15,619,481.60. The trade was a 0.33% decrease in their ownership of the stock.
William John Boden also recently made the following trade(s):
- On Wednesday, May 6th, William John Boden sold 50,000 shares of Panoro Minerals stock. The stock was sold at an average price of C$1.17, for a total transaction of C$58,500.00.
- On Thursday, May 7th, William John Boden sold 5,900 shares of Panoro Minerals stock. The stock was sold at an average price of C$1.27, for a total transaction of C$7,493.00.
Panoro Minerals Trading Down 4.6%
Shares of CVE:PML opened at C$1.25 on Tuesday. Panoro Minerals Ltd. has a 12 month low of C$0.28 and a 12 month high of C$1.34. The company has a quick ratio of 0.81, a current ratio of 0.04 and a debt-to-equity ratio of 0.35. The company's fifty day simple moving average is C$0.87 and its 200 day simple moving average is C$0.58. The firm has a market cap of C$355.21 million, a price-to-earnings ratio of -125.00 and a beta of 3.20.
About Panoro Minerals
(
Get Free Report)
Panoro Minerals Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. The company explores for copper, molybdenum, lead, gold, silver, and zinc deposits. Its flagship project is the Cotabambas project located in the southern Peru. The company was formerly known as Panoro Resources Ltd. and changed its name to Panoro Minerals Ltd. in June 2003. Panoro Minerals Ltd. was incorporated in 1994 and is headquartered in Vancouver, Canada.
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