Pelangio Exploration (CVE:PX) Stock Price Up 33.3% – Here’s What Happened

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price rose 33.3% during trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 409,927 shares were traded during trading, an increase of 207% from the average daily volume of 133,671 shares. The stock had previously closed at C$0.06.

Pelangio Exploration Stock Performance

The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The stock has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.04. The stock has a market cap of C$12.84 million, a PE ratio of -2.00 and a beta of 0.81.

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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