Pan Global Resources (CVE:PGZ) Trading Down 18.5% – Should You Sell?

Shares of Pan Global Resources Inc. (CVE:PGZGet Free Report) were down 18.5% during mid-day trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 1,614,884 shares changed hands during mid-day trading, an increase of 649% from the average daily volume of 215,631 shares. The stock had previously closed at C$0.14.

Pan Global Resources Trading Down 11.1%

The business has a fifty day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.15. The stock has a market cap of C$38.61 million, a PE ratio of -6.00 and a beta of 1.11.

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. located in the provinces of Cordoba and Ciudad Real, Spain; and a 100% interest in the Escacena Project covering an area of approximately 5,700 hectares situated in southern Spain.

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