Pelangio Exploration (CVE:PX) Trading 33.3% Higher – Here’s What Happened

Pelangio Exploration Inc. (CVE:PXGet Free Report) shares traded up 33.3% during trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 409,927 shares changed hands during mid-day trading, an increase of 207% from the average session volume of 133,671 shares. The stock had previously closed at C$0.06.

Pelangio Exploration Stock Down 6.3 %

The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The firm has a 50 day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.04. The stock has a market cap of C$12.84 million, a P/E ratio of -2.00 and a beta of 0.81.

About Pelangio Exploration

(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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