Ingrid Jo-Ann Hibbard Buys 75,000 Shares of Pelangio Exploration (CVE:PX) Stock

Pelangio Exploration Inc. (CVE:PX) Director Ingrid Jo-Ann Hibbard bought 75,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was bought at an average price of C$0.15 per share, for a total transaction of C$11,250.00. Following the purchase, the director owned 14,870,346 shares in the company, valued at approximately C$2,230,551.90. This represents a 0.51% increase in their position.

Pelangio Exploration Stock Performance

Shares of Pelangio Exploration stock opened at C$0.13 on Friday. The firm has a market cap of C$31.44 million, a PE ratio of -12.50 and a beta of 2.11. The firm’s 50-day simple moving average is C$0.17 and its 200-day simple moving average is C$0.21. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. Pelangio Exploration Inc. has a 1 year low of C$0.09 and a 1 year high of C$0.31.

Pelangio Exploration Company Profile

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.