Shares of Pelangio Exploration Inc. (CVE:PX – Get Free Report) traded up 50% on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. 1,882,150 shares were traded during trading, an increase of 1,636% from the average session volume of 108,432 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Trading Up 16.7 %
The business has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.03. The stock has a market capitalization of C$11.98 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00.
About Pelangio Exploration
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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