Pelangio Exploration Inc. (CVE:PX – Get Free Report) shares shot up 50% on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 1,882,150 shares changed 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 stock has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.03. The company has a market cap of C$11.98 million, a P/E 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.
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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