Pelangio Exploration (CVE:PX) Trading Up 33.3% – Here’s Why

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price traded up 33.3% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 409,927 shares were traded 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 Stock Down 6.3 %

The firm has a market cap of C$12.84 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The stock’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.04. The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75.

About Pelangio Exploration

(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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