Pelangio Exploration Inc. (CVE:PX – Get Free Report) traded up 37.5% during mid-day trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. 1,881,150 shares were traded during trading, an increase of 1,750% from the average session volume of 101,682 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Trading Up 50.0 %
The company has a market cap of C$10.27 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. 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 business’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.03.
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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