PJX Resources (CVE:PJX) Shares Up 47.4% – Time to Buy?

Shares of PJX Resources Inc. (CVE:PJXGet Free Report) rose 47.4% on Thursday . The company traded as high as C$0.16 and last traded at C$0.14. Approximately 409,000 shares changed hands during trading, an increase of 714% from the average daily volume of 50,220 shares. The stock had previously closed at C$0.10.

PJX Resources Price Performance

The stock’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.12. The stock 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 debt-to-equity ratio of 0.21, a current ratio of 20.83 and a quick ratio of 9.00.

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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