Pelangio Exploration (CVE:PX) Sets New 1-Year High – Here’s Why

Pelangio Exploration Inc. (CVE:PXGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 1000 shares traded. The stock had previously closed at C$0.04.

Pelangio Exploration Stock Up 14.3 %

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 company has a market capitalization of C$6.85 million, a PE ratio of -2.00 and a beta of 0.81. The firm’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

About Pelangio Exploration

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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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