PJX Resources (CVE:PJX) Stock Price Down 3.3% – Should You Sell?

PJX Resources Inc. (CVE:PJX) was down 3.3% during trading on Wednesday . The company traded as low as C$0.15 and last traded at C$0.15. Approximately 72,500 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 90,536 shares. The stock had previously closed at C$0.15.

PJX Resources Trading Down 3.3 %

The firm has a market capitalization of C$25.30 million, a price-to-earnings ratio of -4.83 and a beta of 0.67. The company has a quick ratio of 9.00, a current ratio of 20.83 and a debt-to-equity ratio of 0.21. The firm’s 50 day moving average is C$0.18 and its 200 day moving average is C$0.25.

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.