PJX Resources (CVE:PJX) Hits New 1-Year High – What’s Next?

PJX Resources Inc. (CVE:PJX) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.25 and last traded at C$0.25, with a volume of 542917 shares changing hands. The stock had previously closed at C$0.25.

PJX Resources Trading Up 4.4%

The stock has a market capitalization of C$43.93 million, a P/E ratio of -23.50 and a beta of -0.62. 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 company has a 50-day moving average price of C$0.17 and a 200 day moving average price of C$0.16.

About PJX Resources

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.