Pan Global Resources (CVE:PGZ) Shares Up 26.9% – Time to Buy?

Pan Global Resources Inc. (CVE:PGZGet Free Report) was up 26.9% during trading on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.17. Approximately 1,103,520 shares changed hands during trading, an increase of 660% from the average daily volume of 145,134 shares. The stock had previously closed at C$0.13.

Pan Global Resources Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 11.60 and a current ratio of 4.27. The firm’s 50-day moving average price is C$0.12 and its two-hundred day moving average price is C$0.12. The stock has a market cap of C$41.27 million, a price-to-earnings ratio of -5.67 and a beta of 1.55.

Pan Global Resources Company Profile

(Get Free Report)

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.

Further Reading

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