Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s stock price shot up 25% during mid-day trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 408,927 shares traded hands during trading, an increase of 206% from the average session volume of 133,635 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Trading Up 33.3 %
The stock’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 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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