Shares of Pan Global Resources Inc. (CVE:PGZ – Get Free Report) rose 12.5% during mid-day trading on Thursday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 153,300 shares changed hands during trading, a decline of 33% from the average session volume of 230,308 shares. The stock had previously closed at C$0.16.
Pan Global Resources Price Performance
The firm has a market cap of C$86.02 million, a PE ratio of -7.00 and a beta of 1.47. The stock has a 50-day moving average price of C$0.18 and a 200 day moving average price of C$0.17.
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. located in the provinces of Cordoba and Ciudad Real, Spain; and a 100% interest in the Escacena Project covering an area of approximately 5,700 hectares situated in southern Spain.
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