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Pan Global Resources (CVE:PGZ) Trading 6.7% Higher - Here's Why

Pan Global Resources logo with Basic Materials background

Pan Global Resources Inc. (CVE:PGZ - Get Free Report)'s stock price was up 6.7% on Friday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 287,700 shares changed hands during trading, an increase of 76% from the average daily volume of 163,158 shares. The stock had previously closed at C$0.15.

Pan Global Resources Trading Down 1.3%

The stock has a market capitalization of C$49.73 million, a P/E ratio of -5.75 and a beta of 1.55. The company has a fifty day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.13.

Pan Global Resources Company Profile

(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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