Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Parallel Mining Corp. (V:PAL)

Business Focus: Specialty Mining & Metals

Get the company report for the most recent outlook updated daily

Insider Chart - Past 6 Months

INK Ultra Money Free

Insider Filings

Latest 10 SEDI filings for PAL within the last 6 months
Loading...
See all filings within the past 6 months

Company News

Dec 11, 2017 09:20 ET
Robert Sibthorpe Wins Prestigious Award for His Work in Burkina Faso
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2017) - Parallel Mining Corp. (TSXV: PAL) (the "Company" or "Parallel") congratulates Bob Sibthorpe, VP, Exploration, on receiving the prestigious Colin Spence Award for excellence in global mineral exploration from the Association for Mineral Exploration British Columbia ("AME BC").
Read full article
Nov 03, 2017 09:00 ET
Parallel Mining Commences Drilling on Sebe Property
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2017) - Parallel Mining Corp. (TSXV: PAL) (the "Company" or "Parallel") announces the commencement of drilling on the Company's optioned Sebe property in Burkina Faso. The Company has contracted Falcon Drilling Burkina Faso, S.A.R.L. to conduct approximately 1000 meters ("m") of diamond drilling intended to test the strike and dip extension of the veining systems which host the previously announced intercepts of 10.2 grams per tonne gold ("gpt") over 4.5m, 20.2 gpt over 2.3m, 7.1 gpt over 5.6m, and 2.2 gpt over 18m (see news releases dated September 14, 2017 (http://parallelmining.com/parallel-mining-drills-20-2-gpt-gold-extends-strike-sebe/), May 24, 2017 (http://parallelmining.com/parallel-mining-corp-discoversgoldatsebe/) and April 6, 2017 (http://parallelmining.com/parallel-mining-corp-acquires-sebedougou-exploration-property/)).
Read full article
See more news stories

Valuation Ratios

Industry
Sector
Beta
2.53
--
--
Price to Sales - TTM
--
2.72
5.05
Price to Book - most recent quarter
8.07
2.05
2.25
Price to Cash Flow per share - TTM
--
3.48
8.73
Price to Free Cash Flow per share - TTM
--
6.38
16.63
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
May 15, 202010
Apr 30, 20201-183
Apr 15, 2020184183
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Specialty Mining & Metals

Parallel Mining Corp. is an exploration-stage company, which is engaged in the mineral exploration activities in Canada. The Company is engaged in the evaluation, acquisition, exploration, development and exploitation of base and precious metal properties. The Company is involved in the process of acquiring a property in Burkina Faso, West Africa (the Garsay Permit). The Garsay Permit represents approximately 165.74 square kilometers in a greenstone gold belt. The Garsay Permit is located in the province of Soum, approximately 250 kilometers northeast of the capital city of Ouagadougou and approximately 30 kilometers east of Inata gold mine and the Souma deposit. The Company has not generated any revenues.

See business summary

 

Twitter

Search (past week) for $PAL.CA PAL.V

  • No tweets found