Pan Global Resources (CVE:PGZ) Reaches New 1-Year Low – Here’s Why

Pan Global Resources Inc. (CVE:PGZGet Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.12, with a volume of 178500 shares trading hands. The stock had previously closed at C$0.12.

Pan Global Resources Stock Down 4.3 %

The business has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.27 and a quick ratio of 11.60. The stock has a market cap of C$26.70 million, a PE ratio of -3.67 and a beta of 1.55.

Pan Global Resources (CVE:PGZGet Free Report) last issued its earnings results on Friday, September 27th. The company reported C($0.01) EPS for the quarter.

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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