PJX Resources (CVE:PJX) Shares Up 45.5% – Here’s Why

PJX Resources Inc. (CVE:PJX) was up 45.5% on Friday . The stock traded as high as C$0.18 and last traded at C$0.16. Approximately 118,428 shares traded hands during mid-day trading, an increase of 36% from the average daily volume of 87,214 shares. The stock had previously closed at C$0.11.

PJX Resources Stock Up 45.5 %

The stock has a fifty day moving average price of C$0.11 and a 200-day moving average price of C$0.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.00 and a current ratio of 20.83. The firm has a market cap of C$27.92 million, a PE ratio of -5.33 and a beta of 0.67.

PJX Resources Company Profile

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.