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

PPX Mining Corp. (CVE:PPXGet Free Report) shares were up 28.6% during mid-day trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 160,000 shares changed 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 Price Performance

The company has a debt-to-equity ratio of 373.74, a quick ratio of 0.36 and a current ratio of 0.93. The stock has a market capitalization of C$30.61 million, a PE ratio of -4.50 and a beta of 0.68. The stock’s 50 day moving average is C$0.04 and its two-hundred day moving average is 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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