Pelangio Exploration (CVE:PX) Stock Price Down 13.2% – Here’s What Happened

Shares of Pelangio Exploration Inc. (CVE:PXGet Free Report) traded down 13.2% during trading on Friday . The stock traded as low as C$0.15 and last traded at C$0.17. 139,590 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 178,928 shares. The stock had previously closed at C$0.19.

Pelangio Exploration Trading Down 10.5%

The firm has a market cap of C$41.42 million, a PE ratio of -2.00 and a beta of 1.49. The company’s fifty day moving average price is C$0.23 and its two-hundred day moving average price is C$0.22. The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75.

Pelangio Exploration Company Profile

(Get Free Report)

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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