Pan Global Resources (CVE:PGZ) Hits New 12-Month Low – Should You Sell?

Pan Global Resources Inc. (CVE:PGZGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$0.08 and last traded at C$0.09, with a volume of 289250 shares changing hands. The stock had previously closed at C$0.10.

Pan Global Resources Price Performance

The company has a current ratio of 4.27, a quick ratio of 11.60 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of C$21.85 million, a price-to-earnings ratio of -2.83 and a beta of 1.55. The company’s 50 day moving average is C$0.11 and its 200 day moving average is C$0.14.

Pan Global Resources (CVE:PGZGet Free Report) last posted its earnings results on Friday, September 27th. The company reported C($0.01) earnings per share for the quarter.

About Pan Global Resources

(Get Free Report)

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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