Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s share price rose 25% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 377,927 shares were traded during trading, an increase of 184% from the average daily volume of 133,089 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Trading Up 25.0 %
The firm’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.04. 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 quick ratio of 1.00 and a current ratio of 0.41.
Pelangio Exploration Company Profile
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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