PJX Resources (CVE:PJX) Shares Up 45.5% – Here’s What Happened

PJX Resources Inc. (CVE:PJXGet Free Report)’s share price rose 45.5% on Friday . The stock traded as high as C$0.18 and last traded at C$0.16. Approximately 118,428 shares traded 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 Price Performance

The firm has a 50 day moving average price of C$0.11 and a 200 day moving average price of C$0.18. The stock has a market capitalization of C$27.92 million, a PE ratio of -5.33 and a beta of 0.67. The company has a current ratio of 20.83, a quick ratio of 9.00 and a debt-to-equity ratio of 0.21.

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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