Platinex (CVE:PTX) Stock Price Up 6.9% – Should You Buy?

Platinex Inc (CVE:PTXGet Free Report) shares were up 6.9% during trading on Friday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 26,000 shares changed hands during trading, a decline of 75% from the average daily volume of 103,634 shares. The stock had previously closed at C$0.15.

Platinex Price Performance

The firm has a fifty day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.21.

Platinex Company Profile

(Get Free Report)

Platinex Inc is an exploration and evaluation-stage company. The Company is engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. Its properties include Shining Tree Gold Property, Herrick Deposit, Nabish Lake and South McFaulds. The Company holds interest in approximately 140 claims (over 5,680 acres) in Shining Tree Gold Property, situated in Churchill, MacMurchy and Asquith Townships in Ontario.

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