Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s share price was down 16.1% during trading on Thursday . The stock traded as low as C$0.12 and last traded at C$0.13. Approximately 270,500 shares changed hands during trading, an increase of 119% from the average daily volume of 123,686 shares. The stock had previously closed at C$0.15.
Pelangio Exploration Trading Down 16.1%
The business’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.20. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The stock has a market capitalization of C$32.70 million, a PE ratio of -13.00 and a beta of 2.11.
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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