Pelangio Exploration Inc. (CVE:PX – Get Free Report) shares rose 25% on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 407,927 shares were traded during trading, an increase of 205% from the average daily volume of 133,635 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Price Performance
The stock’s 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.04. The stock has a market capitalization of C$12.84 million, a PE ratio of -2.00 and a beta of 0.81. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41.
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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