Pelangio Exploration (CVE:PX) Sets New 12-Month Low at $0.09

Pelangio Exploration Inc. (CVE:PX – Get Rating) reached a new 52-week low on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 54000 shares changing hands. The stock had previously closed at C$0.10.

The company has a market capitalization of C$7.46 million and a price-to-earnings ratio of -2.63. The company has a debt-to-equity ratio of 5.43, a quick ratio of 2.22 and a current ratio of 2.38. The firm has a 50-day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.11.

About Pelangio Exploration (CVE:PX)

Pelangio Exploration Inc, a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. It holds interests in various gold properties in Canada and Ghana. The company was incorporated in 2008 and is headquartered in Toronto, Canada.

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