Pelangio Exploration (CVE:PX) Sets New 1-Year High – What’s Next?

Pelangio Exploration Inc. (CVE:PXGet Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 108000 shares. The stock had previously closed at C$0.04.

Pelangio Exploration Price Performance

The firm has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.03. The company has a market capitalization of C$7.70 million, a PE ratio of -2.00 and a beta of 0.81. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41.

About Pelangio Exploration

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Pelangio Exploration Inc, a mineral exploration company, engages in acquiring, exploring, and developing mineral properties. It holds interests in various gold properties in Ghana and Canada. The company was incorporated in 2008 and is headquartered in Toronto, Canada.

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