Platinex Inc (CVE:PTX – Get Free Report)’s stock price rose 16.7% during trading on Tuesday. The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 178,442 shares traded hands during trading, a decline of 50% from the average daily volume of 354,211 shares. The stock had previously closed at C$0.06.
Platinex Trading Down 7.1%
The business’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.11. The stock has a market capitalization of C$15.14 million, a P/E ratio of -1.30 and a beta of 1.32.
Platinex Company Profile
Platinex Inc is an exploration and evaluation-stage company. The Company is engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. Its properties include Shining Tree Gold Property, Herrick Deposit, Nabish Lake and South McFaulds. The Company holds interest in approximately 140 claims (over 5,680 acres) in Shining Tree Gold Property, situated in Churchill, MacMurchy and Asquith Townships in Ontario. The Nabish Lake nickel-copper-Platinum-group element (Ni-Cu-PGE) property is located approximately 20 kilometers south of the Town of Dryden, Ontario.
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