Pan Global Resources Inc. (CVE:PGZ – Get Free Report) shares shot up 26.9% during trading on Wednesday . The stock traded as high as C$0.18 and last traded at C$0.17. 1,119,520 shares traded hands during mid-day trading, an increase of 667% from the average session volume of 145,976 shares. The stock had previously closed at C$0.13.
Pan Global Resources Stock Up 3.0 %
The business has a 50 day moving average of C$0.12 and a two-hundred day moving average of C$0.12. The stock has a market capitalization of C$41.27 million, a PE ratio of -5.67 and a beta of 1.55. The company has a debt-to-equity ratio of 0.01, a quick ratio of 11.60 and a current ratio of 4.27.
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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