Pan Global Resources (CVE:PGZ) Hits New 52-Week High at $0.23

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Pan Global Resources Inc (CVE:PGZ) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.23 and last traded at C$0.23, with a volume of 77500 shares trading hands. The stock had previously closed at C$0.22.

The firm’s 50 day simple moving average is C$0.15 and its 200 day simple moving average is C$0.13. The firm has a market cap of $24.37 million and a PE ratio of -9.58. The company has a current ratio of 2.40, a quick ratio of 2.28 and a debt-to-equity ratio of 1.70.

Pan Global Resources Company Profile (CVE:PGZ)

Pan Global Resources Inc engages in the acquisition, exploration, and development of base and precious mineral properties in Canada. It has an option to acquire a 100% interest in the Aguilas project, a copper and lead-silver property comprising 2 granted mineral exploration licenses covering an area of 9,946 hectares and an additional 7 mineral exploration license applications covering an area of 6,420 hectares located in Spain; and the Escacena copper-zinc-gold project consisting of approximately 2,061 hectares situated in Iberian Pyrite Belt, Spain.

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