Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s share price shot up 25% during trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 205,000 shares were traded during trading, an increase of 60% from the average session volume of 128,000 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Stock Performance
The company has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.04. The firm has a market cap of C$13.69 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75.
Pelangio Exploration Company Profile
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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