Pan Global Resources (CVE:PGZ) Shares Up 26.9% – Time to Buy?

Shares of Pan Global Resources Inc. (CVE:PGZGet Free Report) traded up 26.9% during mid-day trading on Tuesday . The company traded as high as C$0.17 and last traded at C$0.17. 852,900 shares were traded during trading, an increase of 651% from the average session volume of 113,622 shares. The stock had previously closed at C$0.13.

Pan Global Resources Trading Up 3.0 %

The company’s 50-day moving average is C$0.12 and its 200 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. The firm has a market cap of C$41.27 million, a PE ratio of -5.67 and a beta of 1.55.

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.

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