Jaxon Mining (CVE:JAX) Reaches New 12-Month Low at $0.01

Shares of Jaxon Mining Inc. (CVE:JAXGet Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 255000 shares. The stock had previously closed at C$0.02.

Jaxon Mining Price Performance

The company has a debt-to-equity ratio of 0.80, a current ratio of 0.10 and a quick ratio of 0.02. The firm has a market cap of C$2.52 million, a price-to-earnings ratio of -5.00 and a beta of 0.63. The stock has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.01.

Jaxon Mining Company Profile

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Jaxon Mining Inc operates as a mineral exploration and development company in Canada. The company explores for silver, gold, zinc, copper, and lead deposits. Its flagship projects are the Netalzul Mountain project that comprises of 23 claims covering an area of 130.02 square kilometers located in north of Smithers, British Columbia; and the Red Springs Project, which consists of 19 mineral claims that covers an area of 291.88 square kilometers located in Northwest British Columbia.

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