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

PJX Resources Inc. (CVE:PJXGet Free Report)’s share price shot 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 Trading Up 45.5 %

The business’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.18. The stock has a market cap of C$27.92 million, a P/E ratio of -5.33 and a beta of 0.67. The company has a quick ratio of 9.00, a current ratio of 20.83 and a debt-to-equity ratio of 0.21.

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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