Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s share price shot up 26.1% on Monday . The stock traded as high as C$0.29 and last traded at C$0.29. 741,110 shares changed hands during mid-day trading, an increase of 339% from the average session volume of 168,983 shares. The stock had previously closed at C$0.23.
Pelangio Exploration Trading Up 5.3%
The business has a 50-day moving average of C$0.21 and a 200-day moving average of C$0.16. The stock has a market capitalization of C$73.09 million, a price-to-earnings ratio of -2.00 and a beta of 1.69. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41.
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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