Pelangio Exploration (CVE:PX) Hits New 1-Year High – Here’s Why

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 29039 shares traded. The stock had previously closed at C$0.03.

Pelangio Exploration Stock Up 16.7 %

The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75. The stock has a market capitalization of C$5.99 million, a PE ratio of -2.00 and a beta of 0.81. The company’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.02.

Pelangio Exploration Company Profile

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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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