Shares of Pelangio Exploration Inc. (CVE:PX – Get Free Report) shot up 33.3% during mid-day 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 Price Performance
The firm has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.04. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00. The company has a market capitalization of C$13.69 million, a PE ratio of -2.00 and a beta of 0.81.
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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