Pan Global Resources (CVE:PGZ) Trading 13.6% Higher

Pan Global Resources Inc. (CVE:PGZ – Get Rating) shares traded up 13.6% on Friday . The company traded as high as C$0.35 and last traded at C$0.35. 202,100 shares changed hands during mid-day trading, an increase of 97% from the average session volume of 102,349 shares. The stock had previously closed at C$0.31.

Pan Global Resources Trading Up 13.6 %

The stock has a market capitalization of C$74.25 million, a PE ratio of -8.75 and a beta of 1.41. The company has a quick ratio of 11.60, a current ratio of 13.29 and a debt-to-equity ratio of 0.01. The business’s 50-day moving average is C$0.35 and its two-hundred day moving average is C$0.40.

Pan Global Resources Company Profile

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Pan Global Resources Inc, a junior resource company, engages in the acquisition and exploration of mineral properties in Spain. It explores for lead, zinc, silver, gold, and copper deposits. The company has an option to acquire 100% interest in the Aguilas Project that includes 4 mineral exploration licenses covering 13,563 hectares, as well as additional mineral rights applications covering 2,803 hectares located in the provinces of Cordoba and Ciudad Real, Kingdom of Spain.