Pelangio Exploration Inc. (CVE:PX – Get Free Report) shares rose 33.3% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 409,927 shares changed hands during trading, an increase of 207% from the average daily volume of 133,671 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Price Performance
The company has a market cap of C$12.84 million, a PE ratio of -2.00 and a beta of 0.81. The firm’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.04. The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75.
Pelangio Exploration Company Profile
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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