Pelangio Exploration Inc. (OTCMKTS:PGXPF – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 148,171 shares, a growth of 95.3% from the September 15th total of 75,851 shares. Based on an average trading volume of 62,231 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.1% of the company’s stock are sold short.
Pelangio Exploration Stock Performance
Shares of OTCMKTS:PGXPF opened at $0.09 on Wednesday. Pelangio Exploration has a 1 year low of $0.08 and a 1 year high of $0.24. The business has a fifty day simple moving average of $0.11 and a 200 day simple moving average of $0.11.
Pelangio Exploration Company Profile
Pelangio Exploration Inc is a Canadian mineral exploration company focused on the discovery and development of gold deposits. The company does not operate producing mines; its activities primarily involve acquiring, evaluating and advancing mineral properties through geological mapping, geochemical and geophysical surveys, drilling and other exploration work.
Pelangio’s exploration portfolio has been concentrated in Ghana, particularly in the country’s highly prospective Ashanti gold belt.
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