PPX Mining (CVE:PPX) Share Price Crosses Below 200-Day Moving Average – Here’s Why

PPX Mining Corp. (CVE:PPXGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-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 89,000 shares.

PPX Mining Price Performance

The stock has a market cap of C$23.81 million, a price-to-earnings ratio of -3.50 and a beta of 0.68. The stock has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74.

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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