Platinex (CVE:PTX) Stock Price Up 7.3% – What’s Next?

Shares of Platinex Inc (CVE:PTX) were up 7.3% on Friday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 257,500 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 294,158 shares. The stock had previously closed at C$0.21.

Platinex Stock Performance

The firm has a 50-day moving average price of C$0.22 and a two-hundred day moving average price of C$0.22.

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.