Pelangio Exploration (CVE:PX) Hits New 1-Year High – What’s Next?

Pelangio Exploration Inc. (CVE:PXGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.03, with a volume of 216200 shares. The stock had previously closed at C$0.03.

Pelangio Exploration Price Performance

The company has a market capitalization of C$5.13 million, a P/E ratio of -2.00 and a beta of 0.81. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The stock has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.02.

About Pelangio Exploration

(Get Free Report)

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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