Pelangio Exploration (CVE:PX) Sets New 1-Year Low – What’s Next?

Pelangio Exploration Inc. (CVE:PX – Get Free Report)’s share price hit a new 52-week low during trading on Thursday. The stock traded as low as C$0.11 and last traded at C$0.12, with a volume of 25056 shares. The stock had previously closed at C$0.12.

Pelangio Exploration Trading Down 8.0%

The firm has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.16. 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 stock has a market capitalization of C$29.01 million, a PE ratio of -11.50 and a beta of 2.17.

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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