Pelangio Exploration (CVE:PX) Reaches New 12-Month High – Should You Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s stock price hit 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 Price Performance

The company has a quick ratio of 1.00, a current ratio of 0.41 and a debt-to-equity ratio of 22.75. The stock has a market cap of C$5.99 million, a P/E ratio of -2.00 and a beta of 0.81. The company’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.02.

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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