Platinex (CVE:PTX) Stock Price Down 5% – What’s Next?

Platinex Inc (CVE:PTXGet Free Report)’s stock price fell 5% on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 159,488 shares changed hands during trading, a decline of 59% from the average session volume of 389,706 shares. The stock had previously closed at C$0.10.

Platinex Stock Down 10.0%

The company has a market cap of C$20.01 million, a PE ratio of -3.00 and a beta of 0.72. The firm’s fifty day simple moving average is C$0.10 and its 200-day simple moving average is C$0.12.

Platinex Company Profile

(Get Free Report)

Platinex Inc is an exploration and evaluation-stage company. The Company is engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. Its properties include Shining Tree Gold Property, Herrick Deposit, Nabish Lake and South McFaulds. The Company holds interest in approximately 140 claims (over 5,680 acres) in Shining Tree Gold Property, situated in Churchill, MacMurchy and Asquith Townships in Ontario. The Nabish Lake nickel-copper-Platinum-group element (Ni-Cu-PGE) property is located approximately 20 kilometers south of the Town of Dryden, Ontario.

Further Reading

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