PJX Resources (CVE:PJX) Sets New 1-Year High – Still a Buy?

Shares of PJX Resources Inc. (CVE:PJXGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.25 and last traded at C$0.21, with a volume of 35323 shares. The stock had previously closed at C$0.24.

PJX Resources Price Performance

The stock has a market cap of C$40.19 million, a price-to-earnings ratio of -21.50 and a beta of -0.62. The company has a current ratio of 20.83, a quick ratio of 9.00 and a debt-to-equity ratio of 0.21. The company’s fifty day moving average is C$0.20 and its two-hundred day moving average is C$0.17.

PJX Resources Company Profile

(Get Free Report)

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.

Further Reading

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