Pelangio Exploration Inc. (CVE:PX – Get Free Report) shares rose 50% during trading on Friday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 1,882,150 shares were traded during trading, an increase of 1,636% from the average daily volume of 108,432 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Price Performance
The company has a market capitalization of C$11.98 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The business has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.03. 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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