Shares of Pan Global Resources Inc. (CVE:PGZ – Get Free Report) were up 26.9% on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.17. Approximately 1,103,520 shares changed hands during mid-day trading, an increase of 660% from the average daily volume of 145,134 shares. The stock had previously closed at C$0.13.
Pan Global Resources Stock Up 3.0 %
The firm has a market cap of C$41.27 million, a P/E ratio of -5.67 and a beta of 1.55. The company has a current ratio of 4.27, a quick ratio of 11.60 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.12.
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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