PJX Resources (CVE:PJX) Shares Up 45.5% – What’s Next?

PJX Resources Inc. (CVE:PJXGet Free Report) rose 45.5% during mid-day trading on Saturday . The company traded as high as C$0.18 and last traded at C$0.16. Approximately 118,428 shares were traded during 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 Trading Up 45.5 %

The stock has a market cap of C$27.92 million, a PE ratio of -5.33 and a beta of 0.67. The company’s 50-day moving average price is C$0.11 and its 200 day moving average price is 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.

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.

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