Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s share price shot up 25% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 327,927 shares traded hands during mid-day trading, an increase of 148% from the average session volume of 132,127 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Stock Up 25.0 %
The stock has a market capitalization of C$12.84 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 current ratio of 0.41 and a quick ratio of 1.00. The stock has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.04.
About Pelangio Exploration
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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