Pan Global Resources (CVE:PGZ) Sets New 12-Month Low – Here’s Why

Pan Global Resources Inc. (CVE:PGZGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 20500 shares. The stock had previously closed at C$0.11.

Pan Global Resources Stock Performance

The stock’s 50 day moving average is C$0.12 and its two-hundred day moving average is C$0.15. The stock has a market capitalization of C$24.27 million, a price-to-earnings ratio of -3.33 and a beta of 1.55. The company has a current ratio of 4.27, a quick ratio of 11.60 and a debt-to-equity ratio of 0.01.

Pan Global Resources (CVE:PGZGet Free Report) last posted its quarterly earnings data on Friday, September 27th. The company reported C($0.01) earnings per share for the quarter.

About Pan Global Resources

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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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