Pelangio Exploration (CVE:PX) Trading Up 26.1% – Here’s What Happened

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price was up 26.1% during mid-day trading on Tuesday . The stock traded as high as C$0.29 and last traded at C$0.29. Approximately 741,110 shares changed hands during trading, an increase of 339% from the average daily volume of 168,983 shares. The stock had previously closed at C$0.23.

Pelangio Exploration Trading Down 10.0%

The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00. The business’s 50 day moving average is C$0.21 and its 200 day moving average is C$0.16. The stock has a market cap of C$65.78 million, a price-to-earnings ratio of -2.00 and a beta of 1.69.

About Pelangio Exploration

(Get Free Report)

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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