Pelangio Exploration (CVE:PX) Stock Price Up 2.5% – Here’s Why

Pelangio Exploration Inc. (CVE:PX) shares traded up 2.5% during trading on Monday . The company traded as high as C$0.22 and last traded at C$0.21. 58,200 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 203,706 shares. The stock had previously closed at C$0.20.

Pelangio Exploration Stock Up 2.5%

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 firm has a market cap of C$49.94 million, a PE ratio of -2.00 and a beta of 1.80. The stock has a 50-day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.21.

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.