Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s share price shot up 25% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 257,000 shares traded hands during trading, an increase of 187% from the average session volume of 89,656 shares. The stock had previously closed at C$0.02.
Pelangio Exploration Stock Performance
The company has a debt-to-equity ratio of 22.75, a current ratio of 0.37 and a quick ratio of 1.00. The business has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The stock has a market cap of C$3.10 million, a price-to-earnings ratio of -2.00 and a beta of 0.82.
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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