Pelangio Exploration (CVE:PX) Hits New 1-Year High – Time to Buy?

Shares of Pelangio Exploration Inc. (CVE:PXGet Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as C$0.07 and last traded at C$0.06, with a volume of 352000 shares trading hands. The stock had previously closed at C$0.07.

Pelangio Exploration Stock Down 14.3 %

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 company has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.03. The company has a market cap of C$10.27 million, a PE 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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