PPX Mining (CVE:PPX) Stock Price Up 28.6% – Here’s Why

PPX Mining Corp. (CVE:PPXGet Free Report) rose 28.6% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 160,000 shares traded hands during 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 Stock 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 stock has a fifty day moving average of C$0.04 and a 200-day moving average of 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.

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.

Further Reading

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