Pelangio Exploration Inc. (CVE:PX – Get Free Report) shares were up 26.1% during mid-day trading on Monday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 741,110 shares traded hands during trading, an increase of 339% from the average daily volume of 168,983 shares. The stock had previously closed at C$0.23.
Pelangio Exploration Stock Performance
The firm’s 50-day moving average price is C$0.21 and its 200-day moving average price is C$0.15. 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$70.65 million, a P/E ratio of -2.00 and a beta of 1.69.
About Pelangio Exploration
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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