PJX Resources (CVE:PJX) Stock Falls 20.7% – Here’s What Happened

PJX Resources Inc. (CVE:PJX – Get Free Report)’s stock price traded down 20.7% during trading on Thursday. The company traded as low as C$0.12 and last traded at C$0.12. Approximately 212,710 shares traded hands during mid-day trading, an increase of 134% from the average daily volume of 91,033 shares. The stock had previously closed at C$0.14.

PJX Resources Stock Performance

The company has a market cap of C$23.36 million, a price-to-earnings ratio of -12.50 and a beta of -0.50. 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 has a 50 day moving average price of C$0.16 and a two-hundred day moving average price of C$0.16.

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. 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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