Pelangio Exploration (CVE:PX) Director Ingrid Jo-Ann Hibbard Buys 75,000 Shares of Stock

Pelangio Exploration Inc. (CVE:PX) Director Ingrid Jo-Ann Hibbard acquired 75,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were bought at an average cost of C$0.15 per share, for a total transaction of C$11,250.00. Following the transaction, the director owned 14,870,346 shares of the company’s stock, valued at C$2,230,551.90. This represents a 0.51% increase in their ownership of the stock.

Pelangio Exploration Price Performance

Shares of PX stock opened at C$0.13 on Friday. Pelangio Exploration Inc. has a 1-year low of C$0.09 and a 1-year high of C$0.31. The stock’s 50-day moving average is C$0.17 and its 200 day moving average is C$0.21. The company has a market cap of C$31.44 million, a P/E ratio of -2.00 and a beta of 2.11. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00.

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.