Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s stock price shot up 25% during mid-day trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 863,000 shares traded hands during mid-day trading, an increase of 977% from the average session volume of 80,122 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Stock Up 50.0 %
The firm has a market capitalization of C$10.27 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The firm has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.03. 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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