Pelangio Exploration (CVE:PX) Trading 10% Higher – Here’s What Happened

Shares of Pelangio Exploration Inc. (CVE:PXGet Free Report) were up 10% during trading on Wednesday . The company traded as high as C$0.23 and last traded at C$0.22. Approximately 166,600 shares changed hands during trading, an increase of 0% from the average daily volume of 166,164 shares. The stock had previously closed at C$0.20.

Pelangio Exploration Trading Up 10.0%

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 business has a fifty day moving average price of C$0.21 and a 200 day moving average price of C$0.15. The firm has a market cap of C$43.51 million, a PE ratio of -2.00 and a beta of 1.69.

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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