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

PJX Resources Inc. (CVE:PJXGet Free Report) shares shot up 45.5% on Friday . The company traded as high as C$0.18 and last traded at C$0.16. 118,428 shares were traded 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 Price Performance

The company has a 50-day simple moving average of C$0.11 and a 200-day simple moving average of C$0.18. The company 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 debt-to-equity ratio of 0.21, a quick ratio of 9.00 and a current ratio of 20.83.

PJX Resources Company Profile

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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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