Pan Global Resources Inc. (CVE:PGZ – Get Free Report) rose 4% during mid-day trading on Wednesday . The company traded as high as C$0.14 and last traded at C$0.13. Approximately 179,500 shares were traded during mid-day trading, an increase of 43% from the average daily volume of 125,253 shares. The stock had previously closed at C$0.13.
Pan Global Resources Stock Performance
The company’s 50 day moving average price is C$0.12 and its 200 day moving average price is C$0.12. The company has a market cap of C$40.92 million, a price-to-earnings ratio of -4.73 and a beta of 1.55.
About Pan Global Resources
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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