Shares of Platinex Inc (CVE:PTX – Get Free Report) shot up 7.3% during trading on Thursday . The stock traded as high as C$0.22 and last traded at C$0.22. 257,500 shares traded hands during trading, a decline of 12% from the average session volume of 294,158 shares. The stock had previously closed at C$0.21.
Platinex Price Performance
The firm’s 50-day moving average is C$0.22 and its 200-day moving average is C$0.22.
Platinex Company Profile
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.
Further Reading
- Five stocks we like better than Platinex
- Are Penny Stocks a Good Fit for Your Portfolio?
- Sales Breakout Sends This Semiconductor Stock to Record High
- What is the Dogs of the Dow Strategy? Overview and Examples
- Surprise Buying Opportunity on This Dividend Aristocrat
- Overbought Stocks Explained: Should You Trade Them?
- New Theme Park Powerhouse: Merger Creates Industry-Leading Stock
Receive News & Ratings for Platinex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Platinex and related companies with MarketBeat.com's FREE daily email newsletter.