Pelangio Exploration Inc. (CVE:PX – Get Free Report) was up 25% during mid-day trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 863,000 shares traded hands during trading, an increase of 977% from the average daily volume of 80,122 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Trading Up 16.7 %
The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75. The stock’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.03. The stock has a market capitalization of C$11.98 million, a P/E ratio of -2.00 and a beta of 0.81.
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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