Pelangio Exploration (CVE:PX) Stock Price Up 13% – Time to Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price shot up 13% on Tuesday . The stock traded as high as C$0.26 and last traded at C$0.26. 118,400 shares changed hands during trading, a decline of 30% from the average session volume of 168,117 shares. The stock had previously closed at C$0.23.

Pelangio Exploration Price Performance

The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75. The stock has a market capitalization of C$60.91 million, a PE ratio of -2.00 and a beta of 1.98. The firm has a 50 day moving average price of C$0.22 and a 200 day moving average price of C$0.17.

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.

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