PPX Mining Corp. (CVE:PPX – Get Free Report)’s share price shot up 50% during mid-day trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. 395,500 shares changed hands during mid-day trading, an increase of 207% from the average session volume of 128,680 shares. The stock had previously closed at C$0.03.
PPX Mining Price Performance
The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74. The business’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04. The stock has a market cap of C$30.61 million, a PE ratio of -4.50 and a beta of 0.68.
PPX Mining Company Profile
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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