PJX Resources (CVE:PJX) Sets New 1-Year High – Time to Buy?

PJX Resources Inc. (CVE:PJXGet Free Report) shares reached a new 52-week high on Friday . The company traded as high as C$0.19 and last traded at C$0.19, with a volume of 13500 shares traded. The stock had previously closed at C$0.18.

PJX Resources Price Performance

The firm has a market capitalization of C$37.38 million, a price-to-earnings ratio of -10.00 and a beta of -0.17. The company’s 50 day moving average is C$0.14 and its 200 day moving average is C$0.12. The company has a quick ratio of 9.00, a current ratio of 20.83 and a debt-to-equity ratio of 0.21.

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. 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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