Pelangio Exploration (CVE:PX) Trading 26.1% Higher – Still a Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s stock price rose 26.1% on Monday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 741,110 shares traded hands during trading, an increase of 339% from the average daily volume of 168,983 shares. The stock had previously closed at C$0.23.

Pelangio Exploration Trading Up 26.1%

The stock has a market cap of C$70.65 million, a P/E ratio of -2.00 and a beta of 1.69. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The firm’s fifty day simple moving average is C$0.21 and its 200-day simple moving average is C$0.15.

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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