PJX Resources (CVE:PJX) Sets New 12-Month High – Still a Buy?

PJX Resources Inc. (CVE:PJXGet Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as C$0.24 and last traded at C$0.23, with a volume of 306700 shares. The stock had previously closed at C$0.20.

PJX Resources Stock Up 17.9%

The company has a market capitalization of C$42.99 million, a P/E ratio of -23.00 and a beta of -0.54. The firm’s 50 day moving average price is C$0.14 and its two-hundred day moving average price is C$0.15. The company has a current ratio of 20.83, a quick ratio of 9.00 and a debt-to-equity ratio of 0.21.

About PJX Resources

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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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