PPX Mining (CVE:PPX) Shares Up 28.6% – Time to Buy?

PPX Mining Corp. (CVE:PPXGet Free Report) shares traded up 28.6% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. 160,000 shares traded 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 Stock Down 11.1 %

The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36. The business has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04. The firm has a market capitalization of C$27.21 million, a price-to-earnings ratio of -4.00 and a beta of 0.68.

PPX Mining Company Profile

(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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