Pelangio Exploration (CVE:PX) Trading 33.3% Higher – Time to Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s stock price was up 33.3% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 409,927 shares changed hands during trading, an increase of 207% from the average daily volume of 133,671 shares. The stock had previously closed at C$0.06.

Pelangio Exploration Stock Performance

The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75. The firm’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04. The stock has a market capitalization of C$12.84 million, a PE ratio of -2.00 and a beta of 0.81.

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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