PPX Mining (CVE:PPX) Trading Up 14.3% – Time to Buy?

Shares of PPX Mining Corp. (CVE:PPXGet Free Report) shot up 14.3% during trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 36,156 shares were traded during trading, a decline of 70% from the average session volume of 119,256 shares. The stock had previously closed at C$0.04.

PPX Mining Price Performance

The stock has a market capitalization of C$27.21 million, a PE ratio of -4.00 and a beta of 0.68. The firm’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04. The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36.

PPX Mining Company Profile

(Get Free Report)

PPX Mining Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Peru. The company explores for gold and silver deposits. Its flagship property is the 100% owned Igor project that includes four concessions covering an area of approximately 1,300 hectares located in northern Peru.

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