Pelangio Exploration (CVE:PX) Trading 7.1% Higher – Time to Buy?

Shares of Pelangio Exploration Inc. (CVE:PXGet Free Report) were up 7.1% during mid-day trading on Friday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 109,500 shares traded hands during trading, a decline of 34% from the average daily volume of 165,206 shares. The stock had previously closed at C$0.21.

Pelangio Exploration Stock Performance

The business has a 50-day moving average price of C$0.21 and a 200 day moving average price of C$0.15. The stock has a market capitalization of C$45.48 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.

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.

Featured Articles

Receive News & Ratings for Pelangio Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pelangio Exploration and related companies with MarketBeat.com's FREE daily email newsletter.