PJX Resources (CVE:PJX) Trading Up 45.5% – What’s Next?

PJX Resources Inc. (CVE:PJX) shares rose 45.5% on Saturday . The company 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 Stock Performance

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

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.