Pelangio Exploration (OTCMKTS:PGXPF) Stock Price Up 12% – Time to Buy?

Pelangio Exploration Inc. (OTCMKTS:PGXPF – Get Free Report)’s share price traded up 12% during trading on Friday . The stock traded as high as $0.2277 and last traded at $0.2039. 187,927 shares changed hands during mid-day trading, an increase of 102% from the average session volume of 92,953 shares. The stock had previously closed at $0.1820.

Pelangio Exploration Trading Up 12.0%

The firm’s 50-day moving average price is $0.16 and its two-hundred day moving average price is $0.13.

Pelangio Exploration Company Profile

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Pelangio Exploration Inc (OTCMKTS:PGXPF) is a mineral exploration company focused on the discovery and development of high-quality gold assets in Canada and West Africa. The company’s primary business activity is the acquisition, exploration and resource definition of gold projects, with an emphasis on grassroots and advanced stage targets. Pelangio employs modern geological, geophysical and geochemical methods to evaluate its land positions and advance promising discoveries toward resource delineation.

In Canada, Pelangio’s portfolio is anchored by properties in Ontario’s prolific Timmins gold camp and the emerging Detour Trend.

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