Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s stock price shot up 33.3% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 409,927 shares changed hands during mid-day trading, an increase of 207% from the average session volume of 133,671 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Price Performance
The business has a 50 day moving average price of C$0.05 and a 200-day moving average price of C$0.04. The company has a market capitalization of C$12.84 million, a price-to-earnings 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.
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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