PJX Resources (CVE:PJX) Trading Up 45.5% – Here’s Why

PJX Resources Inc. (CVE:PJXGet Free Report)’s stock price rose 45.5% during mid-day trading on Saturday . The company traded as high as C$0.18 and last traded at C$0.16. Approximately 118,428 shares were traded 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 Price Performance

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 firm has a market cap of C$27.92 million, a P/E ratio of -5.33 and a beta of 0.67. The business has a 50-day simple moving average of C$0.11 and a 200 day simple moving average of C$0.18.

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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