Pan Global Resources (CVE:PGZ) Sets New 52-Week Low – What’s Next?

by · The Markets Daily

Shares of Pan Global Resources Inc. (CVE:PGZ – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 331500 shares. The stock had previously closed at C$0.10.

Pan Global Resources Price Performance

The stock has a market cap of C$23.06 million, a PE ratio of -3.17 and a beta of 1.55. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.27 and a quick ratio of 11.60. The firm has a 50-day moving average of C$0.12 and a 200-day moving average of C$0.15.

Pan Global Resources (CVE:PGZ – Get Free Report) last posted its earnings results on Friday, September 27th. The company reported C($0.01) EPS for the quarter.

About Pan Global Resources

(Get Free Report)

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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