Pelangio Exploration (CVE:PX) Trading 33.3% Higher – What’s Next?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price was up 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 409,927 shares traded hands during trading, an increase of 207% from the average daily volume of 133,671 shares. The stock had previously closed at C$0.06.

Pelangio Exploration Trading Down 6.3 %

The stock has a market cap of C$12.84 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The business’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.04. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00.

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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