Pan Global Resources (CVE:PGZ) Stock Price Up 22.7% – Still a Buy?

Pan Global Resources Inc. (CVE:PGZGet Free Report) traded up 22.7% during trading on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. 409,089 shares traded hands during mid-day trading, an increase of 205% from the average session volume of 134,052 shares. The stock had previously closed at C$0.11.

Pan Global Resources Stock Up 18.2 %

The business’s fifty day moving average is C$0.10 and its two-hundred day moving average is C$0.13. The stock has a market cap of C$31.56 million, a price-to-earnings ratio of -4.33 and a beta of 1.55. The company has a quick ratio of 11.60, a current ratio of 4.27 and a debt-to-equity ratio of 0.01.

About Pan Global Resources

(Get Free Report)

Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.

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