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Parallel Mining Corp. (V:PAL)

Business Focus: Specialty Mining & Metals

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Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for PAL within the last 6 months
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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").
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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 (, May 24, 2017 ( and April 6, 2017 (
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Valuation Ratios

Price to Sales - TTM
Price to Book - most recent quarter
Price to Cash Flow per share - TTM
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Short Report

DateNumber of Shares ShortedNet Change
May 15, 202010
Apr 30, 20201-183
Apr 15, 2020184183
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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.

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