Pelangio Exploration (CVE:PX) Reaches New 52-Week High – What’s Next?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as C$0.10 and last traded at C$0.09, with a volume of 949833 shares changing hands. The stock had previously closed at C$0.08.

Pelangio Exploration Price Performance

The firm has a market capitalization of C$15.40 million, a P/E ratio of -2.00 and a beta of 0.81. The business’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.04. The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75.

About Pelangio Exploration

(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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