Pelangio Exploration (CVE:PX) Shares Up 26.1% – Here’s Why

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s stock price shot up 26.1% during trading on Monday . The stock traded as high as C$0.29 and last traded at C$0.29. 741,110 shares traded hands during 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 26.1%

The company has a 50 day simple moving average of C$0.21 and a 200 day simple moving average of C$0.15. The company has a market capitalization of C$70.65 million, a PE 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.

Pelangio Exploration Company Profile

(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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