Pan Global Resources (CVE:PGZ) Sets New 1-Year Low – What’s Next?

Pan Global Resources Inc. (CVE:PGZ) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11, with a volume of 20500 shares changing hands. The stock had previously closed at C$0.11.

Pan Global Resources Stock Down 9.1 %

The firm has a 50 day moving average price of C$0.12 and a 200-day moving average price of C$0.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.27 and a quick ratio of 11.60. The firm has a market cap of C$24.27 million, a price-to-earnings ratio of -3.33 and a beta of 1.55.

Pan Global Resources (CVE:PGZ) last issued its earnings results on Friday, September 27th. The company reported C($0.01) earnings per share (EPS) for the quarter.

Pan Global Resources Company Profile

Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.