Shares of Pelangio Exploration Inc. (CVE:PX – Get Free Report) shot up 16.7% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 198,000 shares changed hands during trading, an increase of 109% from the average session volume of 94,720 shares. The stock had previously closed at C$0.03.
Pelangio Exploration Price Performance
The stock has a market capitalization of C$4.65 million, a PE ratio of -2.00 and a beta of 0.84. The stock’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41.
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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