Pelangio Exploration (CVE:PX) Stock Price Down 12.9% – Here’s Why

Pelangio Exploration Inc. (CVE:PXGet Free Report)’s share price traded down 12.9% on Wednesday . The company traded as low as C$0.13 and last traded at C$0.14. 115,949 shares traded hands during trading, a decline of 3% from the average daily volume of 119,077 shares. The stock had previously closed at C$0.15.

Pelangio Exploration Stock Performance

The stock has a market capitalization of C$36.57 million, a P/E ratio of -14.50 and a beta of 2.22. The company has a current ratio of 0.41, a quick ratio of 1.00 and a debt-to-equity ratio of 22.75. The company has a 50-day moving average price of C$0.15 and a two-hundred day moving average price of C$0.16.

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.

See Also

Receive News & Ratings for Pelangio Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pelangio Exploration and related companies with MarketBeat.com's FREE daily email newsletter.