Shares of Pelangio Exploration Inc. (CVE:PX – Get Free Report) were up 33.3% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 409,927 shares changed hands during trading, an increase of 207% from the average daily volume of 133,671 shares. The stock had previously closed at C$0.06.
Pelangio Exploration Price Performance
The stock has a market capitalization of C$13.69 million, a P/E ratio of -2.00 and a beta of 0.81. The firm has a fifty day moving average price of C$0.05 and a two-hundred day moving average price of C$0.04. The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75.
About Pelangio Exploration
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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