Pelangio Exploration (CVE:PX) Shares Up 50% – Here’s What Happened

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price traded up 50% on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. 1,882,150 shares traded hands during mid-day trading, an increase of 1,636% from the average session volume of 108,432 shares. The stock had previously closed at C$0.04.

Pelangio Exploration Trading Up 50.0 %

The company has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.03. The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75. The company has a market capitalization of C$10.27 million, a price-to-earnings ratio of -2.00 and a beta of 0.81.

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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