Pelangio Exploration (CVE:PX) Sets New 52-Week High – Should You Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 2000 shares traded. The stock had previously closed at C$0.04.

Pelangio Exploration Stock Performance

The company’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The stock has a market cap of C$6.85 million, a PE 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.

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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