PJX Resources (CVE:PJX) Shares Down 8.8%

PJX Resources Inc. (CVE:PJXGet Free Report) dropped 8.8% during trading on Wednesday . The company traded as low as C$0.26 and last traded at C$0.26. Approximately 111,500 shares traded hands during mid-day trading, an increase of 25% from the average daily volume of 88,866 shares. The stock had previously closed at C$0.29.

PJX Resources Price Performance

The business’s fifty day moving average is C$0.30 and its 200 day moving average is C$0.24. The company has a current ratio of 9.49, a quick ratio of 9.00 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of C$45.26 million, a P/E ratio of -28.50 and a beta of 0.69.

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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