PJX Resources (CVE:PJX) Stock Price Down 11.1% – What’s Next?

Shares of PJX Resources Inc. (CVE:PJXGet Free Report) were down 11.1% during mid-day trading on Monday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 1,500 shares were traded during trading, a decline of 97% from the average daily volume of 55,441 shares. The stock had previously closed at C$0.14.

PJX Resources Stock Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.00 and a current ratio of 20.83. The company has a 50 day moving average price of C$0.12 and a 200 day moving average price of C$0.16. The company has a market capitalization of C$20.94 million, a price-to-earnings ratio of -4.00 and a beta of 0.67.

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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