Pelangio Exploration (CVE:PX) Sets New 12-Month High – What’s Next?

Shares of Pelangio Exploration Inc. (CVE:PXGet Free Report) hit a new 52-week high on Friday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 4000 shares. The stock had previously closed at C$0.03.

Pelangio Exploration Stock Performance

The company has a market capitalization of C$5.99 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. 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 stock’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03.

About Pelangio Exploration

(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.

Further Reading

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