Platinex Inc (CVE:PTX – Get Free Report) fell 5% on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10. 159,488 shares changed hands during trading, a decline of 59% from the average daily volume of 389,706 shares. The stock had previously closed at C$0.10.
Platinex Stock Performance
The company has a market capitalization of C$21.12 million, a price-to-earnings ratio of -3.17 and a beta of 0.72. The company has a 50 day moving average price of C$0.10 and a 200 day moving average price of C$0.12.
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. The Nabish Lake nickel-copper-Platinum-group element (Ni-Cu-PGE) property is located approximately 20 kilometers south of the Town of Dryden, Ontario.
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