Sphinx Resources (SFX) Trading Up 14.3%

Sphinx Resources (SFX) Trading Up 14.3%

Sphinx Resources Ltd (CVE:SFX) shares were up 14.3% during trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 181,585 shares changed hands during trading, an increase of 35% from the average daily volume of 134,493 shares. The stock had previously closed at C$0.04.

The stock has a market cap of $3.69 million and a P/E ratio of -5.00. The company has a current ratio of 1.83, a quick ratio of 1.80 and a debt-to-equity ratio of 35.67.

About Sphinx Resources (CVE:SFX)

Sphinx Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for nickel, copper, gold, platinum, and palladium deposits. The company holds 100% interests in the Calumet-Sud project with 21 claims covering 12 km2 located in the Pontiac regional county municipality of southwestern Quebec; and the Green Palladium project with 74 claims covering 41 km2.

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