Pelangio Exploration Inc. (OTCMKTS:PGXPF – Get Free Report)’s share price rose 12% during trading on Friday . The company traded as high as $0.2277 and last traded at $0.2039. Approximately 187,927 shares changed hands during mid-day trading, an increase of 102% from the average daily volume of 92,953 shares. The stock had previously closed at $0.1820.
Pelangio Exploration Stock Performance
The stock’s 50 day moving average is $0.16 and its two-hundred day moving average is $0.13.
Pelangio Exploration Company Profile
Pelangio Exploration Inc (OTCMKTS:PGXPF) is a mineral exploration company focused on the discovery and development of high-quality gold assets in Canada and West Africa. The company’s primary business activity is the acquisition, exploration and resource definition of gold projects, with an emphasis on grassroots and advanced stage targets. Pelangio employs modern geological, geophysical and geochemical methods to evaluate its land positions and advance promising discoveries toward resource delineation.
In Canada, Pelangio’s portfolio is anchored by properties in Ontario’s prolific Timmins gold camp and the emerging Detour Trend.
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