PPX Mining (CVE:PPX) Trading 14.3% Higher – What’s Next?

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price was up 14.3% on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 36,156 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 119,256 shares. The stock had previously closed at C$0.04.

PPX Mining Price Performance

The business has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The firm has a market capitalization of C$27.21 million, a P/E ratio of -4.00 and a beta of 0.68. The company has a debt-to-equity ratio of 373.74, a quick ratio of 0.36 and a current ratio of 0.93.

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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