Pelangio Exploration Inc. (OTCMKTS:PGXPF) Short Interest Update

Pelangio Exploration Inc. (OTCMKTS:PGXPF) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 15,187 shares, a drop of 77.3% from the July 30th total of 66,882 shares. Based on an average daily volume of 102,213 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Pelangio Exploration Stock Performance

Shares of Pelangio Exploration stock traded down $0.01 during trading on Thursday, hitting $0.12. 1,000 shares of the stock traded hands, compared to its average volume of 68,193. The stock has a market cap of $31.46 million, a P/E ratio of -12.50 and a beta of 0.23. Pelangio Exploration has a twelve month low of $0.08 and a twelve month high of $0.24. The company has a fifty day moving average price of $0.11 and a two-hundred day moving average price of $0.12.

Pelangio Exploration (OTCMKTS:PGXPF) last released its quarterly earnings data on Friday, May 29th. The company reported ($0.01) EPS for the quarter.

Pelangio Exploration Company Profile

Pelangio Exploration Inc (OTCMKTS:PGXPF) is a mineral exploration company focused on the discovery and development of high-quality gold assets in Canada and West Africa. The company’s primary business activity is the acquisition, exploration and resource definition of gold projects, with an emphasis on grassroots and advanced stage targets. Pelangio employs modern geological, geophysical and geochemical methods to evaluate its land positions and advance promising discoveries toward resource delineation.

In Canada, Pelangio’s portfolio is anchored by properties in Ontario’s prolific Timmins gold camp and the emerging Detour Trend.