PJX Resources (CVE:PJX) Sets New 12-Month High – Still a Buy?

PJX Resources Inc. (CVE:PJXGet Free Report) hit a new 52-week high on Thursday . The company traded as high as C$0.24 and last traded at C$0.23, with a volume of 306700 shares. The stock had previously closed at C$0.20.

PJX Resources Stock Performance

The stock has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.15. The stock has a market cap of C$42.99 million, a P/E ratio of -23.00 and a beta of -0.54. 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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