PJX Resources (CVE:PJX) Trading 45.5% Higher – Here’s Why

PJX Resources Inc. (CVE:PJXGet Free Report) shares shot up 45.5% during mid-day trading on Saturday . The company traded as high as C$0.18 and last traded at C$0.16. 118,428 shares changed hands during mid-day trading, an increase of 36% from the average session volume of 87,214 shares. The stock had previously closed at C$0.11.

PJX Resources Price Performance

The stock has a market capitalization of C$27.92 million, a price-to-earnings ratio of -5.33 and a beta of 0.67. The company has a quick ratio of 9.00, a current ratio of 20.83 and a debt-to-equity ratio of 0.21. The stock has a fifty day moving average of C$0.11 and a 200-day moving average of C$0.18.

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.

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