Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s stock price was up 25% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 408,927 shares were traded during mid-day trading, an increase of 206% from the average daily volume of 133,635 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’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.04. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00.
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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