Pelangio Exploration (CVE:PX) Trading 33.3% Higher – What’s Next?

Pelangio Exploration Inc. (CVE:PXGet Free Report) shares shot up 33.3% on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 409,927 shares changed 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 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 cap of C$12.84 million, a P/E ratio of -2.00 and a beta of 0.81. The firm’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.04.

Pelangio Exploration Company Profile

(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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