Pan Global Resources Inc. (CVE:PGZ – Get Free Report)’s share price shot up 26.9% during trading on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.17. 852,900 shares traded hands during mid-day trading, an increase of 651% from the average session volume of 113,622 shares. The stock had previously closed at C$0.13.
Pan Global Resources Stock Up 26.9 %
The company has a market cap of C$40.05 million, a price-to-earnings ratio of -5.50 and a beta of 1.55. The firm has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.12. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.27 and a quick ratio of 11.60.
About Pan Global Resources
Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.
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