Pelangio Exploration Inc. (CVE:PX – Get Free Report) rose 33.3% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 409,927 shares were traded during mid-day 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 firm’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.04. The firm has a market cap of C$13.69 million, a PE 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.
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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