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

Pan Global Resources Inc. (CVE:PGZGet Free Report)’s share price was down 2.5% during trading on Wednesday . The company traded as low as C$0.19 and last traded at C$0.20. Approximately 41,501 shares traded hands during 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 Stock Performance

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 50 day simple moving average of C$0.18 and a 200-day simple moving average of C$0.19. The company has a debt-to-equity ratio of 0.01, a current ratio of 7.75 and a quick ratio of 11.60.

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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