Pambili Natural Resources (CVE:PNN) Hits New 52-Week Low – Time to Sell?

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

Pambili Natural Resources Price Performance

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

Pambili Natural Resources Company Profile

(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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