Pan Global Resources (CVE:PGZ) Reaches New 1-Year Low – Here’s Why

Pan Global Resources Inc. (CVE:PGZ)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 331500 shares trading hands. The stock had previously closed at C$0.10.

Pan Global Resources Stock Down 5.3 %

The company has a market cap of C$21.85 million, a P/E ratio of -3.00 and a beta of 1.55. The firm’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 11.60 and a current ratio of 4.27.

Pan Global Resources (CVE:PGZ) last announced its quarterly earnings results on Friday, September 27th. The company reported C($0.01) EPS for the quarter.

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.