Dajin Resources (CVE:DJI) Stock Price Down 10%

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Dajin Resources Corp (CVE:DJI)’s share price traded down 10% during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.05, 122,000 shares changed hands during trading. An increase of 84% from the average session volume of 66,334 shares. The stock had previously closed at C$0.05.

The company has a market capitalization of $7.62 million and a P/E ratio of -7.14. The company has a debt-to-equity ratio of 2.30, a quick ratio of 0.01 and a current ratio of 0.01. The firm’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.05.

Dajin Resources Company Profile (CVE:DJI)

Dajin Resources Corp., together with its subsidiaries, primarily engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, and Argentina. The company explores for lithium, potash, and boron minerals. It holds a 100% interest in 403 placer claims covering 3,202 hectares located in Mineral County, Nevada; 278 placer claims covering 2,262 hectares in the Alkali Lake region of Esmeralda County, Nevada; and exploration or exploitation concessions covering 93,000 hectares primarily located in the Salinas Grandes/Guayatayoc salt lakes basin in Argentina, as well as a 65% joint venture interest in the Cowtrail Mineral Property consisting of 34 mineral claims located in the Cariboo Mining District of south central British Columbia.

See Also: Bear Market

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