Pelangio Exploration (CVE:PX) Reaches New 52-Week High – What’s Next?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 47500 shares trading hands. The stock had previously closed at C$0.04.

Pelangio Exploration Stock Performance

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