Pelangio Exploration (CVE:PX) Trading Up 30.8% – Time to Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price was up 30.8% during mid-day trading on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.17. 127,419 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 129,724 shares. The stock had previously closed at C$0.13.

Pelangio Exploration Trading Down 11.1%

The firm’s 50 day moving average price is C$0.16 and its 200-day moving average price is C$0.21. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00. The stock has a market cap of C$40.24 million, a P/E ratio of -16.00 and a beta of 2.11.

Pelangio Exploration Company Profile

(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.

Read More

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