Shares of Pelangio Exploration Inc. (CVE:PX – Get Free Report) shot up 50% during trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. 1,882,150 shares traded hands during mid-day trading, an increase of 1,636% from the average session volume of 108,432 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Stock Up 50.0 %
The firm’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.03. The firm has a market capitalization of C$10.27 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. 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
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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