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

PJX Resources Inc. (CVE:PJX)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.18, with a volume of 516000 shares. The stock had previously closed at C$0.16.

PJX Resources Price Performance

The stock has a 50 day moving average price of C$0.14 and a 200-day moving average price of C$0.12. 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 capitalization of C$32.71 million, a price-to-earnings ratio of -8.75 and a beta of -0.55.

PJX Resources Company Profile

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.