Pan Global Resources (CVE:PGZ) Trading 26.9% Higher – Still a Buy?

Pan Global Resources Inc. (CVE:PGZGet Free Report) shares traded up 26.9% during trading on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.17. 1,103,520 shares were traded during trading, an increase of 662% from the average session volume of 144,897 shares. The stock had previously closed at C$0.13.

Pan Global Resources Trading Up 26.9 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 4.27 and a quick ratio of 11.60. The business’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.12. The firm has a market cap of C$40.05 million, a P/E ratio of -5.50 and a beta of 1.55.

About Pan Global Resources

(Get Free Report)

Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.

Further Reading

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