Pelangio Exploration (CVE:PX) Sets New 1-Year Low – Time to Sell?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price reached a new 52-week low on Friday . The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 17563 shares changing hands. The stock had previously closed at C$0.12.

Pelangio Exploration Trading Down 4.0%

The business has a 50-day moving average of C$0.14 and a 200-day moving average of C$0.18. The stock has a market capitalization of C$30.18 million, a price-to-earnings ratio of -12.00 and a beta of 2.18. 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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