Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s stock price shot up 25% on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 407,927 shares traded hands during mid-day trading, an increase of 205% from the average session volume of 133,635 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Stock Performance
The firm’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04. The firm has a market cap of C$12.84 million, a PE 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.
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.
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