Pelangio Exploration (OTCMKTS:PGXPF) Posts Quarterly Earnings Results

Pelangio Exploration (OTCMKTS:PGXPF) posted its earnings results on Friday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.

Pelangio Exploration Stock Performance

Shares of OTCMKTS PGXPF traded down $0.01 during trading hours on Friday, reaching $0.12. The stock had a trading volume of 143,490 shares, compared to its average volume of 70,091. The business’s fifty day moving average is $0.13 and its two-hundred day moving average is $0.15. Pelangio Exploration has a twelve month low of $0.06 and a twelve month high of $0.24.

Pelangio Exploration Company Profile

Pelangio Exploration Inc (OTCMKTS:PGXPF) is a mineral exploration company focused on the discovery and development of high-quality gold assets in Canada and West Africa. The company’s primary business activity is the acquisition, exploration and resource definition of gold projects, with an emphasis on grassroots and advanced stage targets. Pelangio employs modern geological, geophysical and geochemical methods to evaluate its land positions and advance promising discoveries toward resource delineation.

In Canada, Pelangio’s portfolio is anchored by properties in Ontario’s prolific Timmins gold camp and the emerging Detour Trend.