Pelangio Exploration (CVE:PX) Trading Up 25% – Here’s Why

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s stock price was up 25% during trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,404,150 shares were traded during mid-day trading, an increase of 1,393% from the average daily volume of 94,043 shares. The stock had previously closed at C$0.04.

Pelangio Exploration Stock Performance

The firm has a market capitalization of C$10.27 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 current ratio of 0.41 and a quick ratio of 1.00. The business has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.03.

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.

See Also

Receive News & Ratings for Pelangio Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pelangio Exploration and related companies with MarketBeat.com's FREE daily email newsletter.