Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s share price shot up 50% on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. 1,882,150 shares traded hands during 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 Performance
The business’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.03. The stock has a market cap of C$11.98 million, a P/E ratio of -2.00 and a beta of 0.81. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41.
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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