PJX Resources (CVE:PJX) Shares Down 17.6%

PJX Resources Inc. (CVE:PJXGet Free Report)’s share price was down 17.6% during trading on Friday . The company traded as low as C$0.28 and last traded at C$0.28. Approximately 122,900 shares traded hands during mid-day trading, an increase of 19% from the average daily volume of 103,417 shares. The stock had previously closed at C$0.34.

PJX Resources Stock Performance

The stock has a 50 day moving average of C$0.22 and a 200 day moving average of C$0.17. The company has a quick ratio of 9.00, a current ratio of 6.94 and a debt-to-equity ratio of 0.21. The company has a market capitalization of C$49.62 million, a price-to-earnings ratio of -34.00 and a beta of 0.81.

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.

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