PJX Resources (CVE:PJX) Stock Price Up 47.4% – Here’s Why

by · The Cerbat Gem

PJX Resources Inc. (CVE:PJX – Get Free Report)’s share price was up 47.4% during mid-day trading on Thursday . The stock traded as high as C$0.16 and last traded at C$0.14. Approximately 1,200,800 shares changed hands during mid-day trading, an increase of 2,094% from the average daily volume of 54,738 shares. The stock had previously closed at C$0.10.

PJX Resources Trading Up 47.4%

The business’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.12. The company has a market cap of C$26.17 million, a price-to-earnings ratio of -7.00 and a beta of -0.30. The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.00 and a current ratio of 20.83.

PJX Resources Company Profile

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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.

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