PJX Resources (CVE:PJX) Shares Up 47.4% – Still a Buy?

by · The Cerbat Gem

PJX Resources Inc. (CVE:PJX – Get Free Report)’s stock price was up 47.4% on Thursday . The stock traded as high as C$0.16 and last traded at C$0.14. Approximately 1,231,800 shares traded hands during trading, an increase of 2,143% from the average daily volume of 54,913 shares. The stock had previously closed at C$0.10.

PJX Resources Price Performance

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

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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