Pelangio Exploration (CVE:PX) Sets New 52-Week High – Still a Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 4000 shares. The stock had previously closed at C$0.03.

Pelangio Exploration Trading Up 16.7 %

The company has a market cap of C$5.99 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The business has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75.

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.

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