PJX Resources (CVE:PJX) Trading 47.4% Higher – Still a Buy?

by · The Cerbat Gem

PJX Resources Inc. (CVE:PJX – Get Free Report)’s share price rose 47.4% during trading on Thursday . The company traded as high as C$0.16 and last traded at C$0.14. Approximately 1,231,800 shares traded hands during trading, an increase of 2,143% from the average daily volume of 54,913 shares. The stock had previously closed at C$0.10.

PJX Resources Stock Performance

The company has a market cap of C$26.17 million, a PE ratio of -7.00 and a beta of -0.30. The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.00 and a current ratio of 20.83. The stock’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.12.

PJX Resources Company Profile

(Get Free Report)

PJX Resources Inc engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company primarily explores for gold, silver, zinc, lead, cobalt, and copper deposits. Its flagship mineral property is the Dewdney Trail property covers an area of approximately 10,000 hectares located in northeast of Cranbrook, British Columbia.

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