Pelangio Exploration Inc. (CVE:PX – Get Free Report) shares shot up 50% during mid-day trading on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 1,882,150 shares were traded during trading, an increase of 1,636% from the average session volume of 108,432 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Price Performance
The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The company has a market capitalization of C$11.98 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The company has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.03.
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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