Pelangio Exploration (CVE:PX) Trading Up 33.3% – Here’s Why

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price was up 33.3% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 409,927 shares were traded during trading, an increase of 207% from the average daily volume of 133,671 shares. The stock had previously closed at C$0.06.

Pelangio Exploration Stock Up 33.3 %

The stock has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.04. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The company has a market capitalization of C$13.69 million, a P/E ratio of -2.00 and a beta of 0.81.

Pelangio Exploration Company Profile

(Get Free Report)

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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