Pelangio Exploration (CVE:PX) Stock Price Up 33.3% – Should You Buy?

Shares of Pelangio Exploration Inc. (CVE:PXGet Free Report) traded up 33.3% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 409,927 shares traded hands during trading, an increase of 207% from the average session volume of 133,671 shares. The stock had previously closed at C$0.06.

Pelangio Exploration Price Performance

The stock has a market capitalization of C$12.84 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75. The stock has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.04.

About Pelangio Exploration

(Get Free Report)

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.

Further Reading

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