Pelangio Exploration (CVE:PX) Trading 33.3% Higher – Here’s Why

Shares of Pelangio Exploration Inc. (CVE:PXGet Free Report) were up 33.3% during trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 409,927 shares traded hands during trading, an increase of 207% from the average daily volume of 133,671 shares. The stock had previously closed at C$0.06.

Pelangio Exploration Trading Up 33.3 %

The stock has a market capitalization of C$13.69 million, a P/E ratio of -2.00 and a beta of 0.81. The stock’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04. The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75.

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.

Featured Articles

Receive News & Ratings for Pelangio Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pelangio Exploration and related companies with MarketBeat.com's FREE daily email newsletter.