Pelangio Exploration (CVE:PX) Sets New 52-Week Low – Should You Sell?

Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday. The company traded as low as C$0.11 and last traded at C$0.12, with a volume of 25056 shares traded. The stock had previously closed at C$0.12.

Pelangio Exploration Stock Performance

The stock has a market cap of C$29.01 million, a PE ratio of -11.50 and a beta of 2.17. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00. The business has a 50 day moving average price of C$0.15 and a two-hundred day moving average price of C$0.16.

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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