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1 Comment
Parallel Mining Corp is currently in a long term uptrend where the price is trading 0.0% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Parallel Mining Corp's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 17.2% to $-194K since the same quarter in the previous year.
Finally, its free cash flow fell by 203.2% to $-162K since the same quarter in the previous year.
Based on the above factors, Parallel Mining Corp gets an overall score of 2/5.
| Exchange | V |
|---|---|
| CurrencyCode | CAD |
| Sector | Basic Materials |
| Industry | Gold |
| ISIN | CA69915U2011 |
| Market Cap | 3M |
|---|---|
| PE Ratio | None |
| Target Price | None |
| Dividend Yield | 0.0% |
| Beta | 1.86 |
Parallel Mining Corp. acquires, explores for, develops, exploits, and evaluates base and precious metal properties in Canada and Africa. It holds an interest in an exploration license located in Tigray, Ethiopia. The company was formerly known as Parallel Resources Ltd. and changed its name to Parallel Mining Corp. in December 2011. Parallel Mining Corp. was incorporated in 2007 and is based in Vancouver, Canada.
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