PPX Mining (CVE:PPX) Shares Up 50% – Here’s What Happened

PPX Mining Corp. (CVE:PPXGet Free Report) shares traded up 50% during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 395,500 shares were traded during 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 current ratio of 0.93, a quick ratio of 0.36 and a debt-to-equity ratio of 373.74. The business has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The stock has a market capitalization of C$30.61 million, a P/E 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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