Pelangio Exploration (CVE:PX) Reaches New 1-Year High – Should You Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 157000 shares traded. The stock had previously closed at C$0.04.

Pelangio Exploration Stock Performance

The business has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.02. The company has a debt-to-equity ratio of 22.75, a quick ratio of 1.00 and a current ratio of 0.41. The firm has a market cap of C$5.99 million, a price-to-earnings ratio of -2.00 and a beta of 0.81.

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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