Shares of Pelangio Exploration Inc. (CVE:PX – Get Free Report) traded up 25% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 407,927 shares were traded during trading, an increase of 205% from the average session volume of 133,635 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Stock Performance
The stock’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.04. The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75. The stock has a market cap of C$12.84 million, a price-to-earnings ratio of -2.00 and a beta of 0.81.
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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