PPX Mining Corp. (CVE:PPX – Get Free Report) dropped 25% during mid-day trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 281,000 shares changed hands during mid-day trading, an increase of 155% from the average daily volume of 110,174 shares. The stock had previously closed at C$0.04.
PPX Mining Price Performance
The company has a market cap of C$23.81 million, a price-to-earnings ratio of -3.50 and a beta of 0.68. 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 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.04.
PPX Mining Company Profile
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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