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

Shares of Pelangio Exploration Inc. (CVE:PXGet Free Report) rose 33.3% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 409,927 shares were traded 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 Down 6.3 %

The business has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.04. The stock has a market capitalization of C$12.84 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00.

Pelangio Exploration Company Profile

(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.

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