Pelangio Exploration (CVE:PX) Sets New 52-Week High – Time to Buy?

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 10000 shares. The stock had previously closed at C$0.03.

Pelangio Exploration Stock Up 16.7 %

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 capitalization of C$5.99 million, a PE ratio of -2.00 and a beta of 0.81. The firm’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.03.

About Pelangio Exploration

(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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