Shares of Pelangio Exploration Inc. (CVE:PX – Get Free Report) rose 50% on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 1,882,150 shares were traded during trading, an increase of 1,636% from the average daily volume of 108,432 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Stock Up 50.0 %
The firm has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.03. The stock has a market cap of C$10.27 million, a P/E ratio of -2.00 and a beta of 0.81. 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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