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

Pelangio Exploration Inc. (CVE:PXGet Free Report) shares shot up 33.3% during trading 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 Trading Down 6.3 %

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 business’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$12.84 million, a price-to-earnings ratio of -2.00 and a beta of 0.81.

Pelangio Exploration Company Profile

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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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