Shares of Pelangio Exploration Inc. (CVE:PX – Get Free Report) were up 9.4% during trading on Tuesday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 66,583 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 172,570 shares. The stock had previously closed at C$0.16.
Pelangio Exploration Trading Down 2.7%
The stock’s 50 day simple moving average is C$0.21 and its two-hundred day simple moving average is C$0.22. The stock has a market capitalization of C$43.85 million, a PE ratio of -2.00 and a beta of 1.49. 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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