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

by · The Markets Daily

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

PJX Resources Stock Performance

The firm has a 50-day moving average of C$0.09 and a two-hundred day moving average of C$0.12. The company has a market capitalization of C$26.17 million, a PE ratio of -7.00 and a beta of -0.30. The company has a quick ratio of 9.00, a current ratio of 20.83 and a debt-to-equity ratio of 0.21.

About PJX Resources

(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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