Pan Global Resources Inc. (CVE:PGZ – Get Free Report)’s stock price rose 26.9% during mid-day trading on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.17. Approximately 1,103,520 shares were traded during trading, an increase of 662% from the average daily volume of 144,897 shares. The stock had previously closed at C$0.13.
Pan Global Resources Stock Performance
The stock’s 50 day moving average is C$0.11 and its two-hundred day moving average is C$0.12. The firm has a market capitalization of C$40.05 million, a P/E ratio of -5.50 and a beta of 1.55. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.27 and a quick ratio of 11.60.
About Pan Global Resources
Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.
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