PJX Resources (CVE:PJX) Stock Price Up 45.5% – Should You Buy?

PJX Resources Inc. (CVE:PJXGet Free Report)’s share price was up 45.5% during mid-day trading on Friday . The stock traded as high as C$0.18 and last traded at C$0.16. Approximately 118,428 shares changed hands 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 Trading Up 45.5 %

The stock’s 50 day simple moving average is C$0.11 and its 200 day simple moving average is C$0.18. The firm has a market cap of C$27.92 million, a PE 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.

About PJX Resources

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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.

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