Shares of Pelangio Exploration Inc. (OTCMKTS:PGXPF) were down 11.8% during mid-day trading on Friday . The company traded as low as $0.11 and last traded at $0.11. Approximately 795 shares were traded during trading, a decline of 66% from the average daily volume of 2,332 shares. The stock had previously closed at $0.12.
The business’s 50-day moving average price is $0.13.
Pelangio Exploration (OTCMKTS:PGXPF) last issued its earnings results on Tuesday, May 28th. The company reported ($0.01) earnings per share for the quarter.
Pelangio Exploration, Inc is a junior gold exploration company, which engages in the acquisition and exploration of early stage or undervalued exploration prospects located in world-class gold belts. Its projects include Obuasi, Manfo, and Akroma properties in Ghana; Birch Lake and Poirier Gold properties in Canada.
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