Pambili Natural Resources (CVE:PNN) Reaches New 1-Year Low – Here’s Why

Shares of Pambili Natural Resources Co. (CVE:PNNGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.02 and last traded at C$0.04, with a volume of 181300 shares. The stock had previously closed at C$0.06.

Pambili Natural Resources Stock Down 27.3 %

The firm’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. The company has a debt-to-equity ratio of 60.93, a quick ratio of 0.27 and a current ratio of 0.02. The firm has a market cap of C$2.19 million, a PE ratio of -0.57 and a beta of -2.43.

About Pambili Natural Resources

(Get Free Report)

Pambili Natural Resources Corporation engages in the evaluation, acquisition, exploration, and development of oil and gas properties in Canada and Zimbabwe. It operates Happy Valley gold mine in Bulawayo, Zimbabwe. The company was formerly known as Pennine Petroleum Corporation and changed its name to Pambili Natural Resources Corporation in June 2022.

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