PJX Resources (CVE:PJX) Stock Price Up 45.5% – Should You Buy?

PJX Resources Inc. (CVE:PJXGet Free Report)’s share price rose 45.5% during trading on Saturday . The stock traded as high as C$0.18 and last traded at C$0.16. Approximately 118,428 shares changed hands during trading, an increase of 36% from the average daily volume of 87,214 shares. The stock had previously closed at C$0.11.

PJX Resources Trading Up 45.5 %

The company has a 50 day moving average of C$0.11 and a 200 day moving average of C$0.18. The firm has a market cap of C$27.92 million, a price-to-earnings ratio of -5.33 and a beta of 0.67. The company has a current ratio of 20.83, a quick ratio of 9.00 and a debt-to-equity ratio of 0.21.

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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