Pan Global Resources (CVE:PGZ) Shares Up 4.2% – Should You Buy?

Pan Global Resources Inc. (CVE:PGZGet Free Report) shares shot up 4.2% on Wednesday . The stock traded as high as C$0.13 and last traded at C$0.13. 30,000 shares were traded during trading, a decline of 72% from the average session volume of 107,716 shares. The stock had previously closed at C$0.12.

Pan Global Resources Trading Up 4.2 %

The stock has a market cap of C$39.34 million, a price-to-earnings ratio of -4.55 and a beta of 1.55. The firm’s 50-day moving average is C$0.14 and its two-hundred day moving average is C$0.12.

Pan Global Resources Company Profile

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Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.

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