Jaxon Mining (CVE:JAX) Sets New 1-Year Low at $0.04

Shares of Jaxon Mining Inc (CVE:JAX) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 73500 shares trading hands. The stock had previously closed at C$0.04.

The company’s fifty day simple moving average is C$0.05. The firm has a market capitalization of $5.28 million and a price-to-earnings ratio of -2.81.

About Jaxon Mining (CVE:JAX)

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 project is the Hazelton property, which covers an area of 42,226 hectares located to the east of the town of Hazelton in north-central British Columbia.

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