Jaxon Mining (CVE:JAX) Sets New 52-Week Low at $0.01

Jaxon Mining Inc. (CVE:JAXGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 20000 shares trading hands. The stock had previously closed at C$0.02.

Jaxon Mining Stock Down 33.3 %

The company has a 50 day moving average of C$0.01 and a 200-day moving average of C$0.01. 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 company has a market cap of C$1.68 million, a P/E ratio of -5.00 and a beta of 0.48.

About Jaxon Mining

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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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