Pan Global Resources Inc. (CVE:PGZ – Get Free Report)’s share price rose 22.7% on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 409,089 shares were traded during mid-day trading, an increase of 205% from the average daily volume of 134,052 shares. The stock had previously closed at C$0.11.
Pan Global Resources Stock Performance
The company has a debt-to-equity ratio of 0.01, a current ratio of 4.27 and a quick ratio of 11.60. The company has a market cap of C$31.56 million, a price-to-earnings ratio of -4.33 and a beta of 1.55. The firm has a 50 day simple moving average of C$0.10 and a 200-day simple moving average of C$0.13.
About Pan Global Resources
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.
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