Pan Global Resources (CVE:PGZ) Trading Down 1.3% – Should You Sell?

Pan Global Resources Inc. (CVE:PGZGet Free Report) shares fell 1.3% during mid-day trading on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.15. 704,600 shares changed hands during trading, an increase of 329% from the average session volume of 164,150 shares. The stock had previously closed at C$0.16.

Pan Global Resources Stock Down 3.4%

The firm’s 50 day simple moving average is C$0.12 and its 200-day simple moving average is C$0.13. The company has a market capitalization of C$44.06 million, a PE ratio of -5.09 and a beta of 1.55.

Pan Global Resources Company Profile

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Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.

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