Pelangio Exploration (CVE:PX) Reaches New 1-Year High – Here’s What Happened

Pelangio Exploration Inc. (CVE:PXGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 157000 shares. The stock had previously closed at C$0.04.

Pelangio Exploration Stock Performance

The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75. The stock has a market capitalization of C$5.99 million, a P/E ratio of -2.00 and a beta of 0.81. The business has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.02.

About Pelangio Exploration

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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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