PJX Resources (CVE:PJX) Hits New 12-Month High – Here’s Why

Shares of PJX Resources Inc. (CVE:PJXGet Free Report) reached a new 52-week high on Monday . The stock traded as high as C$0.25 and last traded at C$0.25, with a volume of 161329 shares traded. The stock had previously closed at C$0.23.

PJX Resources Trading Up 8.7%

The business’s 50-day simple moving average is C$0.19 and its 200-day simple moving average is C$0.17. The company has a market capitalization of C$46.73 million, a price-to-earnings ratio of -25.00 and a beta of -0.62. The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.00 and a current ratio of 20.83.

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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