PPX Mining Corp. (CVE:PPX – Get Free Report) shares fell 25% during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 281,000 shares traded hands during mid-day trading, an increase of 155% from the average session volume of 110,174 shares. The stock had previously closed at C$0.04.
PPX Mining Price Performance
The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36. The company’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The company has a market capitalization of C$23.81 million, a PE ratio of -3.50 and a beta of 0.68.
About PPX Mining
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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