PPX Mining (CVE:PPX) Stock Price Up 28.6% – Time to Buy?

PPX Mining Corp. (CVE:PPXGet Free Report) shot up 28.6% during trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. 160,000 shares changed hands during mid-day trading, an increase of 60% from the average session volume of 99,757 shares. The stock had previously closed at C$0.04.

PPX Mining Stock Performance

The stock has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04. 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 firm has a market cap of C$30.61 million, a price-to-earnings ratio of -4.50 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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