PPX Mining (CVE:PPX) Shares Up 28.6% – Time to Buy?

PPX Mining Corp. (CVE:PPXGet Free Report) shares rose 28.6% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 160,000 shares were traded during mid-day trading, an increase of 60% from the average daily volume of 99,757 shares. The stock had previously closed at C$0.04.

PPX Mining Trading Up 28.6 %

The company has a market cap of C$30.61 million, a PE ratio of -4.50 and a beta of 0.68. The company has a current ratio of 0.93, a quick ratio of 0.36 and a debt-to-equity ratio of 373.74. The firm has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.04.

About PPX Mining

(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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