PPX Mining (CVE:PPX) Trading 28.6% Higher – Should You Buy?

PPX Mining Corp. (CVE:PPXGet Free Report)’s stock price 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. 160,000 shares were traded 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 Stock Performance

The firm has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of 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 stock has a market cap of C$27.21 million, a price-to-earnings ratio of -4.00 and a beta of 0.68.

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.

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