PJX Resources (CVE:PJX) Stock Price Up 45.5% – Still a Buy?

Shares of PJX Resources Inc. (CVE:PJXGet Free Report) traded up 45.5% on Saturday . The company traded as high as C$0.18 and last traded at C$0.16. 118,428 shares were traded during mid-day trading, an increase of 36% from the average session volume of 87,214 shares. The stock had previously closed at C$0.11.

PJX Resources Price Performance

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 company has a 50-day moving average price of C$0.11 and a 200-day moving average price of C$0.18. The firm has a market capitalization of C$27.92 million, a P/E ratio of -5.33 and a beta of 0.67.

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.

Further Reading

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