Pelangio Exploration (CVE:PX) Hits New 12-Month High – Still a Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report) shares reached a new 52-week high on Friday . The stock traded as high as C$0.04 and last traded at C$0.03, with a volume of 107000 shares. The stock had previously closed at C$0.04.

Pelangio Exploration Price Performance

The firm has a market cap of C$5.13 million, a P/E ratio of -2.00 and a beta of 0.81. 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 business’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.03.

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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