PJX Resources (CVE:PJX) Stock Price Up 45.5% – Still a Buy?

PJX Resources Inc. (CVE:PJX)’s share price shot up 45.5% during mid-day trading on Saturday . The stock 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 Trading Up 45.5 %

The business’s 50 day moving average price is C$0.11 and its 200-day moving average price is C$0.18. The company has a market cap of C$27.92 million, a price-to-earnings ratio of -5.33 and a beta of 0.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.00 and a current ratio of 20.83.

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.