Shares of Pan Global Resources Inc (CVE:PGZ) reached a new 52-week low during trading on Monday . The company traded as low as C$0.08 and last traded at C$0.09, with a volume of 16000 shares trading hands. The stock had previously closed at C$0.10.
The firm has a market cap of $8.72 million and a P/E ratio of -4.05.
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Pan Global Resources Inc engages in the acquisition, exploration, and development of base and precious mineral properties in Canada. It has an option to acquire a 100% interest in the Aguilas project, a copper and lead-silver property comprising 2 granted mineral exploration licenses covering an area of 9,946 hectares and an additional 7 mineral exploration license applications covering an area of 6,420 hectares located in Spain; and the Escacena copper-zinc-gold project consisting of approximately 2,061 hectares situated in Iberian Pyrite Belt, Spain.
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