PJX Resources (CVE:PJX) Shares Down 6.8% – What’s Next?

PJX Resources Inc. (CVE:PJXGet Free Report) dropped 6.8% on Monday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 63,101 shares changed hands during trading, a decline of 36% from the average daily volume of 98,573 shares. The stock had previously closed at C$0.22.

PJX Resources Stock Performance

The company has a 50 day simple moving average of C$0.15 and a 200-day simple moving average of C$0.15. The company has a debt-to-equity ratio of 0.21, a current ratio of 20.83 and a quick ratio of 9.00. The stock has a market cap of C$36.45 million, a P/E ratio of -19.50 and a beta of -0.65.

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. It also holds 100% interest in the Vine, the Gold Shear, the DD, the Eddy, the Parker Copper, the Zinger, and the West Basin projects located in the Cranbrook area of British Columbia, Canada.

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