Pelangio Exploration (CVE:PX) Stock Price Up 33.3% – Here’s What Happened

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s stock price was up 33.3% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 409,927 shares were traded 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 Trading Up 33.3 %

The company has a market cap of C$13.69 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The company’s fifty day moving average price is C$0.05 and its two-hundred day moving average price 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.

About Pelangio Exploration

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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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