Pan Global Resources (CVE:PGZ) Stock Price Up 13.5% – Here’s Why

Pan Global Resources Inc. (CVE:PGZGet Free Report)’s share price was up 13.5% during trading on Monday . The company traded as high as C$0.22 and last traded at C$0.21. Approximately 373,520 shares traded hands during mid-day trading, an increase of 54% from the average session volume of 242,950 shares. The stock had previously closed at C$0.18.

Pan Global Resources Price Performance

The stock’s fifty day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.17. The company has a market capitalization of C$87.99 million, a price-to-earnings ratio of -7.17 and a beta of 1.70.

About Pan Global Resources

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Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares. located in the provinces of Cordoba and Ciudad Real, Spain; and a 100% interest in the Escacena Project covering an area of approximately 5,700 hectares situated in southern Spain.

Further Reading

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