Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s stock price was up 50% during mid-day trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 1,882,150 shares traded hands during mid-day trading, an increase of 1,636% from the average daily volume of 108,432 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Stock Up 16.7 %
The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The business has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.03. The firm has a market capitalization of C$11.98 million, a price-to-earnings ratio of -2.00 and a beta of 0.81.
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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