PJX Resources (CVE:PJX) Shares Up 15.8% – Here’s Why

Shares of PJX Resources Inc. (CVE:PJXGet Free Report) shot up 15.8% during trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.22. 79,041 shares were traded during trading, a decline of 14% from the average session volume of 91,987 shares. The stock had previously closed at C$0.19.

PJX Resources Stock Performance

The company has a debt-to-equity ratio of 0.21, a current ratio of 20.83 and a quick ratio of 9.00. The stock’s 50 day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.16. The stock has a market cap of C$46.73 million, a P/E ratio of -25.00 and a beta of -0.65.

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. It also holds 100% interest in the Vine, the Gold Shear, the DD, the Eddy, the Parker Copper, the Zinger, and the West Basin projects located in the Cranbrook area of British Columbia, Canada.

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