Shares of Pelangio Exploration Inc. (CVE:PX – Get Free Report) were up 50% on Friday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 1,882,150 shares changed hands during trading, an increase of 1,636% from the average daily volume of 108,432 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Stock Up 16.7 %
The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00. The stock has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.03. The firm has a market cap of C$11.98 million, a PE ratio of -2.00 and a beta of 0.81.
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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