Pan Global Resources Inc. (CVE:PGZ – Get Free Report) shot up 26.9% on Wednesday . The company traded as high as C$0.18 and last traded at C$0.17. 1,119,520 shares were traded during trading, an increase of 667% from the average session volume of 145,976 shares. The stock had previously closed at C$0.13.
Pan Global Resources Stock Up 26.9 %
The company has a market capitalization of C$40.05 million, a price-to-earnings ratio of -5.50 and a beta of 1.55. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.27 and a quick ratio of 11.60. The firm’s fifty day moving average price is C$0.11 and its 200-day moving average price is C$0.12.
About Pan Global Resources
Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.
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