Pelangio Exploration Inc. (CVE:PX – Get Free Report) dropped 9.3% during mid-day trading on Monday . The company traded as low as C$0.24 and last traded at C$0.25. Approximately 310,874 shares changed hands during trading, an increase of 24% from the average daily volume of 251,248 shares. The stock had previously closed at C$0.27.
Pelangio Exploration Trading Down 9.3%
The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75. The firm has a market cap of C$59.69 million, a P/E ratio of -2.00 and a beta of 2.05. The firm’s 50-day simple moving average is C$0.25 and its 200 day simple moving average is C$0.20.
About Pelangio Exploration
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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