Pelangio Exploration Inc. (CVE:PX – Get Free Report) shares fell 16.1% on Thursday . The stock traded as low as C$0.12 and last traded at C$0.13. Approximately 270,500 shares were traded during trading, an increase of 119% from the average session volume of 123,686 shares. The stock had previously closed at C$0.15.
Pelangio Exploration Stock Performance
The business’s fifty day simple moving average is C$0.16 and its 200-day simple moving average is C$0.20. The firm has a market cap of C$32.70 million, a P/E ratio of -13.00 and a beta of 2.18. The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75.
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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