Pan Global Resources (CVE:PGZ) Trading Down 2.5%

Pan Global Resources Inc. (CVE:PGZGet Free Report) shares were down 2.5% during mid-day trading on Wednesday . The stock traded as low as C$0.19 and last traded at C$0.20. Approximately 41,501 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 106,082 shares. The stock had previously closed at C$0.20.

Pan Global Resources Trading Down 2.5 %

The business has a 50-day moving average price of C$0.18 and a two-hundred day moving average price of C$0.19. The stock has a market capitalization of C$47.33 million, a P/E ratio of -3.25 and a beta of 1.57. The company has a current ratio of 7.75, a quick ratio of 11.60 and a debt-to-equity ratio of 0.01.

About Pan Global Resources

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Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.

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