Pelangio Exploration Inc. (CVE:PX – Get Free Report) dropped 13.2% on Friday . The company traded as low as C$0.15 and last traded at C$0.17. Approximately 139,590 shares changed hands during trading, a decline of 22% from the average daily volume of 178,928 shares. The stock had previously closed at C$0.19.
Pelangio Exploration Stock Down 10.5%
The firm’s fifty day moving average is C$0.23 and its two-hundred day moving average is C$0.22. The firm has a market cap of C$41.42 million, a price-to-earnings ratio of -2.00 and a beta of 1.49. The company has a debt-to-equity ratio of 22.75, a current ratio of 0.41 and a quick ratio of 1.00.
Pelangio Exploration Company Profile
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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