Pan Global Resources Inc. (CVE:PGZ – Get Free Report) rose 13.5% during mid-day trading on Monday . The company traded as high as C$0.22 and last traded at C$0.21. Approximately 373,520 shares were traded during trading, an increase of 54% from the average daily volume of 242,950 shares. The stock had previously closed at C$0.18.
Pan Global Resources Stock Down 7.1%
The firm’s 50-day moving average is C$0.18 and its 200-day moving average is C$0.17. The company has a market capitalization of C$79.81 million, a PE ratio of -6.50 and a beta of 1.70.
About Pan Global Resources
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.
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