Pan Global Resources (CVE:PGZ) Hits New 1-Year Low – Should You Sell?

Shares of Pan Global Resources Inc. (CVE:PGZ) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.09, with a volume of 289250 shares traded. The stock had previously closed at C$0.10.

Pan Global Resources Stock Down 5.3 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 4.27 and a quick ratio of 11.60. The firm’s 50-day moving average is C$0.12 and its 200 day moving average is C$0.14. The stock has a market cap of C$21.85 million, a price-to-earnings ratio of -3.00 and a beta of 1.55.

Pan Global Resources (CVE:PGZ) last issued its quarterly earnings results on Friday, September 27th. The company reported C($0.01) EPS for the quarter.

Pan Global Resources Company Profile

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.