Pelangio Exploration (CVE:PX) Hits New 12-Month High – Here’s What Happened

Pelangio Exploration Inc. (CVE:PXGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.10, with a volume of 14570 shares traded. The stock had previously closed at C$0.09.

Pelangio Exploration Price Performance

The firm has a market cap of C$16.26 million, a P/E 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. The stock’s 50-day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.06.

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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