PPX Mining (CVE:PPX) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

PPX Mining Corp. (CVE:PPXGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.04 and traded as high as C$0.04. PPX Mining shares last traded at C$0.04, with a volume of 11,000 shares changing hands.

PPX Mining Stock Performance

The company has a debt-to-equity ratio of 373.74, a quick ratio of 0.36 and a current ratio of 0.93. The company has a market cap of C$23.81 million, a P/E ratio of -3.50 and a beta of 0.68. The stock’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04.

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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