Pelangio Exploration (CVE:PX) Reaches New 1-Year High – Should You Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 157000 shares. The stock had previously closed at C$0.04.

Pelangio Exploration Stock Performance

The stock has a market capitalization of C$5.99 million, a P/E ratio of -2.00 and a beta of 0.81. The firm’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.02. The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75.

Pelangio Exploration Company Profile

(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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