Platinex Inc (CVE:PTX – Get Free Report)’s stock price shot up 13.8% during trading on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.17. 1,104,831 shares changed hands during mid-day trading, an increase of 59% from the average session volume of 694,632 shares. The stock had previously closed at C$0.15.
Platinex Stock Performance
The business has a 50-day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.12. The stock has a market cap of C$28.73 million, a price-to-earnings ratio of -4.13 and a beta of 0.53.
About Platinex
Platinex Inc is an exploration and evaluation-stage company. The Company is engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. Its properties include Shining Tree Gold Property, Herrick Deposit, Nabish Lake and South McFaulds. The Company holds interest in approximately 140 claims (over 5,680 acres) in Shining Tree Gold Property, situated in Churchill, MacMurchy and Asquith Townships in Ontario. The Nabish Lake nickel-copper-Platinum-group element (Ni-Cu-PGE) property is located approximately 20 kilometers south of the Town of Dryden, Ontario.
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