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 mid-day trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 409,927 shares changed hands during 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 business’s fifty day moving average price is C$0.05 and its 200 day moving average price is C$0.04. The firm has a market capitalization of C$12.84 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75.

Pelangio Exploration Company Profile

(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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