Platinex (CVE:PTX) Stock Price Up 6.9% – Time to Buy?

Platinex Inc (CVE:PTXGet Free Report) shares were up 6.9% during trading on Friday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 26,000 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 103,634 shares. The stock had previously closed at C$0.15.

Platinex Stock Up 6.9 %

The firm’s fifty day simple moving average is C$0.20 and its 200 day simple moving average is C$0.21.

About Platinex

(Get Free Report)

Platinex Inc is an exploration and evaluation-stage company. The Company is engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. Its properties include Shining Tree Gold Property, Herrick Deposit, Nabish Lake and South McFaulds. The Company holds interest in approximately 140 claims (over 5,680 acres) in Shining Tree Gold Property, situated in Churchill, MacMurchy and Asquith Townships in Ontario.

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