PJX Resources (CVE:PJX) Trading Up 12.5% – What’s Next?

PJX Resources Inc. (CVE:PJXGet Free Report)’s stock price shot up 12.5% during mid-day trading on Wednesday . The company traded as high as C$0.14 and last traded at C$0.14. 146,200 shares were traded during trading, an increase of 235% from the average session volume of 43,630 shares. The stock had previously closed at C$0.12.

PJX Resources Stock Up 12.5%

The stock has a market cap of C$25.23 million, a PE ratio of -13.50 and a beta of -0.54. The company has a current ratio of 20.83, a quick ratio of 9.00 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.14.

PJX Resources Company Profile

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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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