Pelangio Exploration (CVE:PX) Hits New 52-Week High – Here’s What Happened

Pelangio Exploration Inc. (CVE:PXGet Free Report) reached a new 52-week high on Thursday . The company traded as high as C$0.07 and last traded at C$0.06, with a volume of 352000 shares changing hands. The stock had previously closed at C$0.07.

Pelangio Exploration Stock Performance

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 business has a 50 day moving average price of C$0.05 and a two-hundred day moving average price of C$0.04. The company has a market cap of C$10.27 million, a P/E ratio of -2.00 and a beta of 0.81.

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.

Further Reading

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