Pelangio Exploration (CVE:PX) Trading Up 25% – Here’s What Happened

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s stock price traded up 25% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 377,927 shares traded hands during trading, an increase of 184% from the average session volume of 133,089 shares. The stock had previously closed at C$0.06.

Pelangio Exploration Trading Down 6.3 %

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 firm has a market capitalization of C$12.84 million, a P/E ratio of -2.00 and a beta of 0.81. The firm has a 50 day moving average price of C$0.05 and a two-hundred day moving average price of C$0.04.

About Pelangio Exploration

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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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