Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s stock price shot up 25% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. 867,000 shares were traded during mid-day trading, an increase of 982% from the average session volume of 80,122 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Stock Up 50.0 %
The company’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.03. The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75. The firm has a market capitalization of C$10.27 million, a P/E ratio of -2.00 and a beta of 0.81.
About Pelangio Exploration
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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