Pelangio Exploration (CVE:PX) Director Purchases C$11,250.00 in Stock

Pelangio Exploration Inc. (CVE:PX) Director Ingrid Jo-Ann Hibbard acquired 75,000 shares of the stock in a transaction on Thursday, June 4th. The stock was acquired at an average cost of C$0.15 per share, for a total transaction of C$11,250.00. Following the acquisition, the director directly owned 14,870,346 shares in the company, valued at C$2,230,551.90. This represents a 0.51% increase in their position.

Pelangio Exploration Price Performance

Shares of PX opened at C$0.13 on Monday. Pelangio Exploration Inc. has a twelve month low of C$0.09 and a twelve month high of C$0.31. The stock’s 50 day moving average is C$0.17 and its two-hundred day moving average is C$0.21. The firm has a market capitalization of C$31.44 million, a PE ratio of -12.50 and a beta of 2.11. 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.