Pelangio Exploration Inc. (CVE:PX – Get Free Report) shot up 50% during trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. 1,882,150 shares traded hands during mid-day trading, an increase of 1,636% from the average session volume of 108,432 shares. The stock had previously closed at C$0.04.
Pelangio Exploration Trading Up 16.7 %
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 cap of C$11.98 million, a P/E ratio of -2.00 and a beta of 0.81. The firm’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.03.
Pelangio Exploration Company Profile
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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