PJX Resources (CVE:PJX) Trading Down 3.3% – What’s Next?

Shares of PJX Resources Inc. (CVE:PJX) traded down 3.3% during mid-day trading on Wednesday . The company traded as low as C$0.15 and last traded at C$0.15. 72,500 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 90,536 shares. The stock had previously closed at C$0.15.

PJX Resources Stock Down 3.4 %

The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.00 and a current ratio of 20.83. The company has a market cap of C$24.43 million, a price-to-earnings ratio of -4.67 and a beta of 0.67. The business has a 50-day simple moving average of C$0.18 and a 200-day simple moving average of C$0.24.

PJX Resources Company Profile

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.