Pelangio Exploration (CVE:PX) Shares Up 16.7%

Pelangio Exploration Inc. (CVE:PXGet Free Report) was up 16.7% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 198,000 shares were traded during mid-day trading, an increase of 109% from the average daily volume of 94,720 shares. The stock had previously closed at C$0.03.

Pelangio Exploration Price Performance

The firm has a market cap of C$5.43 million, a PE ratio of -2.00 and a beta of 0.84. The stock’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00.

Pelangio Exploration Company Profile

(Get Free Report)

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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