Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s share price shot up 33.3% on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 409,927 shares traded 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 Trading Up 33.3 %
The business has a fifty day simple moving average of C$0.05 and a 200 day simple moving average of C$0.04. 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 stock has a market cap of C$13.69 million, a price-to-earnings ratio of -2.00 and a beta of 0.81.
Pelangio Exploration Company Profile
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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