Pelangio Exploration (CVE:PX) Reaches New 52-Week Low – What’s Next?

Pelangio Exploration Inc. (CVE:PXGet Free Report) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 17563 shares. The stock had previously closed at C$0.12.

Pelangio Exploration Price Performance

The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00. The firm has a market cap of C$30.18 million, a PE ratio of -12.00 and a beta of 2.18. The firm has a 50-day simple moving average of C$0.14 and a 200 day simple moving average of C$0.18.

Pelangio Exploration Company Profile

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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.

Further Reading

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