Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s stock price shot up 25% during trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. 863,000 shares traded hands during trading, an increase of 977% from the average session volume of 80,122 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Stock Up 16.7 %
The company’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.03. 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 capitalization of C$11.98 million, a price-to-earnings ratio of -2.00 and a beta of 0.81.
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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