PPX Mining Corp. (CVE:PPX – Get Free Report) shares rose 28.6% during mid-day trading on Thursday . The company 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 73% from the average daily volume of 92,702 shares. The stock had previously closed at C$0.04.
PPX Mining Stock Performance
The company’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The company has a market capitalization of C$30.61 million, a P/E ratio of -4.50 and a beta of 0.68. The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74.
About PPX Mining
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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