Shares of Pan Global Resources Inc. (CVE:PGZ – Get Free Report) shot up 26.9% during mid-day trading on Wednesday . The company traded as high as C$0.18 and last traded at C$0.17. Approximately 1,119,520 shares were traded during trading, an increase of 667% from the average daily volume of 145,976 shares. The stock had previously closed at C$0.13.
Pan Global Resources Price Performance
The stock has a 50-day moving average price of C$0.12 and a two-hundred day moving average price of C$0.12. The company has a current ratio of 4.27, a quick ratio of 11.60 and a debt-to-equity ratio of 0.01. The stock has a market cap of C$41.27 million, a price-to-earnings ratio of -5.67 and a beta of 1.55.
Pan Global Resources Company Profile
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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