Pelangio Exploration Inc. (CVE:PX – Get Free Report) rose 33.3% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 409,927 shares were traded during trading, an increase of 207% from the average daily volume of 133,671 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Stock Down 6.3 %
The firm’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$12.84 million, a price-to-earnings ratio of -2.00 and a beta of 0.81. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00.
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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