PPX Mining (CVE:PPX) Trading 50% Higher – What’s Next?

PPX Mining Corp. (CVE:PPXGet Free Report) shares traded up 50% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 395,500 shares were traded during mid-day 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 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 cap of C$30.61 million, a PE ratio of -4.50 and a beta of 0.68. The stock has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.04.

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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