Pelangio Exploration (CVE:PX) Stock Price Up 33.3% – Here’s What Happened

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price 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 mid-day 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 50-day moving average of C$0.05 and a two-hundred 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 stock has a market capitalization of C$13.69 million, a PE ratio of -2.00 and a beta of 0.81.

About Pelangio Exploration

(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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