Pan Global Resources (CVE:PGZ) Shares Down 3.8% – Time to Sell?

Pan Global Resources Inc. (CVE:PGZGet Free Report) fell 3.8% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. 43,833 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 101,470 shares. The stock had previously closed at C$0.13.

Pan Global Resources Stock Performance

The firm has a market cap of C$30.34 million, a P/E ratio of -4.17 and a beta of 1.55. The business’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.12. The company has a current ratio of 4.27, a quick ratio of 11.60 and a debt-to-equity ratio of 0.01.

Pan Global Resources Company Profile

(Get Free Report)

Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.

Further Reading

Receive News & Ratings for Pan Global Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pan Global Resources and related companies with MarketBeat.com's FREE daily email newsletter.