Pelangio Exploration (CVE:PX) Stock Price Down 25%

Pelangio Exploration Inc. (CVE:PXGet Rating)’s stock price fell 25% during trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 66,000 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 61,050 shares. The stock had previously closed at C$0.04.

Pelangio Exploration Stock Performance

The business’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06. The company has a debt-to-equity ratio of 16.16, a quick ratio of 1.55 and a current ratio of 1.57. The stock has a market capitalization of C$2.50 million and a P/E ratio of -1.00.

Pelangio Exploration Company Profile

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Pelangio Exploration Inc, a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. It holds interests in various gold properties in Canada, Africa, and Ghana. The company was incorporated in 2008 and is headquartered in Toronto, Canada.

Further Reading

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