PJX Resources (CVE:PJX) Shares Up 45.5% – Here’s Why

PJX Resources Inc. (CVE:PJX)’s stock price traded up 45.5% during trading on Friday . The company traded as high as C$0.18 and last traded at C$0.16. 118,428 shares changed hands during 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 Stock Up 45.5 %

The company has a market cap of C$27.92 million, a PE ratio of -5.33 and a beta of 0.67. The firm has a 50-day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 20.83 and a quick ratio of 9.00.

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.