Pelangio Exploration Inc. (CVE:PX – Get Free Report) shares passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of C$0.14 and traded as high as C$0.14. Pelangio Exploration shares last traded at C$0.14, with a volume of 39,500 shares trading hands.
Pelangio Exploration Trading Up 16.0%
The firm has a market cap of C$36.57 million, a price-to-earnings ratio of -14.50 and a beta of 1.79. The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75. The company’s 50-day moving average price is C$0.14 and its 200-day moving average price is C$0.16.
Pelangio Exploration Company Profile
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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