Pan Global Resources (CVE:PGZ) Reaches New 1-Year Low – Here’s Why

Pan Global Resources Inc. (CVE:PGZGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.12, with a volume of 178500 shares. The stock had previously closed at C$0.12.

Pan Global Resources Stock Down 4.3 %

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 firm has a market cap of C$26.70 million, a price-to-earnings ratio of -3.67 and a beta of 1.55. The firm has a 50-day moving average of C$0.12 and a two-hundred day moving average of C$0.15.

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

Pan Global Resources Company Profile

(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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