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

PJX Resources Inc. (CVE:PJX) shares rose 45.5% during trading on Saturday . The stock traded as high as C$0.18 and last traded at C$0.16. Approximately 118,428 shares were traded during trading, an increase of 36% from the average daily volume of 87,214 shares. The stock had previously closed at C$0.11.

PJX Resources Stock Up 45.5 %

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 stock has a market capitalization of C$27.92 million, a P/E 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.

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.