PJX Resources Inc. (CVE:PJX – Get Free Report) shares dropped 17.6% on Friday . The company traded as low as C$0.28 and last traded at C$0.28. Approximately 122,900 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 103,417 shares. The stock had previously closed at C$0.34.
PJX Resources Stock Down 8.8 %
The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.00 and a current ratio of 6.94. The company has a market cap of C$49.62 million, a price-to-earnings ratio of -31.00 and a beta of 0.81. The stock’s fifty day moving average is C$0.23 and its two-hundred day moving average is C$0.17.
About PJX Resources
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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