Pelangio Exploration (CVE:PX) Shares Up 33.3% – What’s Next?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price shot up 33.3% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 409,927 shares traded hands during trading, an increase of 207% from the average session volume of 133,671 shares. The stock had previously closed at C$0.06.

Pelangio Exploration Price Performance

The stock has a market capitalization of C$12.84 million, a P/E ratio of -2.00 and a beta of 0.81. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The firm has a fifty day moving average price of C$0.05 and a two-hundred day moving average price of C$0.04.

Pelangio Exploration Company Profile

(Get Free Report)

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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