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

PJX Resources Inc. (CVE:PJX) shot up 45.5% during trading on Saturday . The stock traded as high as C$0.18 and last traded at C$0.16. 118,428 shares traded hands during mid-day trading, an increase of 36% from the average session volume of 87,214 shares. The stock had previously closed at C$0.11.

PJX Resources Stock Up 45.5 %

The stock has a market cap of C$27.92 million, a price-to-earnings ratio of -5.33 and a beta of 0.67. The company has a quick ratio of 9.00, a current ratio of 20.83 and a debt-to-equity ratio of 0.21. The business’s fifty day moving average is C$0.11 and its two-hundred day moving average is C$0.18.

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.