PPX Mining (CVE:PPX) Shares Cross Below 200-Day Moving Average – What’s Next?

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.04 and traded as low as C$0.04. PPX Mining shares last traded at C$0.04, with a volume of 60,000 shares changing hands.

PPX Mining Price Performance

The business’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. 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 market cap of C$27.21 million, a P/E ratio of -4.00 and a beta of 0.68.

About PPX Mining

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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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