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

Jaxon Mining Inc. (CVE:JAXGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 20000 shares changing hands. The stock had previously closed at C$0.02.

Jaxon Mining Trading Down 33.3 %

The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a market cap of C$1.68 million, a price-to-earnings ratio of -5.00 and a beta of 0.63.

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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