Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s stock price shot up 33.3% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 409,927 shares traded hands during mid-day trading, an increase of 207% from the average session volume of 133,671 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Trading Down 6.3 %
The firm has a market cap of C$12.84 million, a P/E 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 company’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04.
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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