PJX Resources (CVE:PJX) Stock Price Down 12% – Time to Sell?

PJX Resources Inc. (CVE:PJXGet Free Report)’s stock price traded down 12% during mid-day trading on Wednesday . The stock traded as low as C$0.22 and last traded at C$0.22. Approximately 216,514 shares were traded during mid-day trading, an increase of 120% from the average session volume of 98,535 shares. The stock had previously closed at C$0.25.

PJX Resources Stock Down 12.0%

The company has a market capitalization of C$41.12 million, a PE ratio of -22.00 and a beta of -0.62. The company’s fifty day moving average is C$0.17 and its 200-day moving average is C$0.16. 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. It also holds 100% interest in the Vine, the Gold Shear, the DD, the Eddy, the Parker Copper, the Zinger, and the West Basin projects located in the Cranbrook area of British Columbia, Canada.

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