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

PJX Resources Inc. (CVE:PJXGet Free Report)’s share price was up 47.4% during mid-day trading on Friday . The stock traded as high as C$0.16 and last traded at C$0.14. Approximately 1,231,800 shares were traded during mid-day 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 Price Performance

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

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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