PJX Resources (CVE:PJX) Trading 15.8% Higher – Time to Buy?

PJX Resources Inc. (CVE:PJX)’s share price traded up 15.8% during trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 79,041 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 91,987 shares. The stock had previously closed at C$0.19.

PJX Resources Stock Up 15.8%

The firm has a market cap of C$41.12 million, a PE ratio of -22.00 and a beta of -0.65. The company has a debt-to-equity ratio of 0.21, a current ratio of 20.83 and a quick ratio of 9.00. The business has a fifty day moving average price of C$0.16 and a two-hundred day moving average price of C$0.16.

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. It also holds 100% interest in the Vine, the Gold Shear, the DD, the Eddy, the Parker Copper, the Zinger, and the West Basin projects located in the Cranbrook area of British Columbia, Canada.