PPX Mining (CVE:PPX) Shares Cross Below 200-Day Moving Average – Should You Sell?

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.04 and traded as low as C$0.03. PPX Mining shares last traded at C$0.04, with a volume of 219,280 shares trading hands.

PPX Mining Stock Performance

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’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.04. The stock has a market capitalization of C$23.81 million, a price-to-earnings ratio of -3.50 and a beta of 0.68.

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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