` PAL (Parallel Mining Corp) vs S&P TSX Composite Index (Canada) Comparison - Alpha Spread

PAL
vs
S
S&P TSX Composite Index (Canada)

Over the past 12 months, PAL has underperformed S&P TSX Composite Index (Canada), delivering a return of 0% compared to the S&P TSX Composite Index (Canada)'s +36% growth.

Stocks Performance
PAL vs S&P TSX Composite Index (Canada)

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Performance Gap
PAL vs S&P TSX Composite Index (Canada)

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PAL
S&P TSX Composite Index (Canada)
Difference
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Performance By Year
PAL vs S&P TSX Composite Index (Canada)

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Competitors Performance
Parallel Mining Corp vs Peers

S&P TSX Composite Index (Canada)
PAL
SNV
SV7
3241
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Parallel Mining Corp
Glance View

Market Cap
3m CAD
Industry
N/A

Parallel Mining Corp. engages in the evaluation, acquisition, exploration, development and exploitation of metal properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2007-08-07. Its projects include the Lightning project, Star project, and North Terer and Ziban Gedena property. The Lightning project is situated within the North-Western zones of Tigray Province in Northern Ethiopia, approximately 280 kilometers (km) due North West of Mekelle which is situated 780 km north of Addis Ababa. The Star project is comprised of two contiguous Exploration Blocks (Adi Dairo & West Shire) and one individual Exploration Block (Terakimti) that cover an area of approximately 399.73 square kilometers located in the Tigray Region of the Federal Democratic Republic of Ethiopia. The North Terer and Ziban Gedena property licenses are located in Tigray Province in Northern Ethiopia. The property is located approximately 350 km northwest of the administrative center of Mek’ele, which is approximately 780 km from the country's capital, Addis Ababa.

PAL Intrinsic Value
Not Available
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