Pelangio Exploration (CVE:PX) Reaches New 12-Month High – Should You Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 2000 shares changing hands. The stock had previously closed at C$0.03.

Pelangio Exploration Price Performance

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

About Pelangio Exploration

(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.

Further Reading

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