Pelangio Exploration (CVE:PX) Director Purchases C$11,250.00 in Stock

Pelangio Exploration Inc. (CVE:PX) Director Ingrid Jo-Ann Hibbard purchased 75,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were acquired at an average cost of C$0.15 per share, with a total value of C$11,250.00. Following the completion of the purchase, the director directly owned 14,870,346 shares in the company, valued at C$2,230,551.90. The trade was a 0.51% increase in their position.

Pelangio Exploration Trading Down 3.8%

Shares of PX stock traded down C$0.01 on Friday, reaching C$0.13. 122,710 shares of the company’s stock were exchanged, compared to its average volume of 131,893. Pelangio Exploration Inc. has a 52 week low of C$0.09 and a 52 week high of C$0.31. The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75. The stock has a market capitalization of C$31.44 million, a PE ratio of -2.00 and a beta of 2.11. The company’s fifty day simple moving average is C$0.17 and its 200 day simple moving average is C$0.21.

Pelangio Exploration Company Profile

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.