PJX Resources (CVE:PJX) Shares Up 68.4% – Still a Buy?

PJX Resources Inc. (CVE:PJXGet Free Report)’s share price traded up 68.4% during trading on Thursday . The stock traded as high as C$0.16 and last traded at C$0.16. 514,500 shares traded hands during mid-day trading, an increase of 919% from the average session volume of 50,472 shares. The stock had previously closed at C$0.10.

PJX Resources Stock Performance

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 stock’s 50 day moving average is C$0.09 and its 200 day moving average is C$0.12. The stock has a market capitalization of C$26.17 million, a price-to-earnings ratio of -7.00 and a beta of -0.30.

PJX Resources Company Profile

(Get Free Report)

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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