Pelangio Exploration Inc. (CVE:PX – Get Free Report) shares shot up 8.3% during mid-day trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. 631,000 shares traded hands during trading, an increase of 453% from the average session volume of 114,042 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Price Performance
The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.03. The company has a market cap of C$11.98 million, a P/E ratio of -2.00 and a beta of 0.81. The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75.
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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