PPX Mining (CVE:PPX) Shares Up 28.6% – Here’s What Happened

Shares of PPX Mining Corp. (CVE:PPXGet Free Report) traded up 28.6% during mid-day trading on Friday . The stock 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 60% from the average session volume of 99,757 shares. The stock had previously closed at C$0.04.

PPX Mining Price Performance

The firm has a market cap of C$30.61 million, a P/E ratio of -4.50 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 firm has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.

About PPX Mining

(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.

Further Reading

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