Shares of Pelangio Exploration Inc. (CVE:PX – Get Free Report) traded up 33.3% during mid-day trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 409,927 shares were traded during 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 Stock Performance
The company has a market capitalization of C$12.84 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The firm has a fifty day simple moving average of C$0.05 and a 200 day simple moving average of C$0.04. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00.
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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