Shares of PPX Mining Corp. (CVE:PPX – Get Free Report) were 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. Approximately 160,000 shares traded hands during mid-day trading, an increase of 60% from the average daily volume of 99,757 shares. The stock had previously closed at C$0.04.
PPX Mining Trading Up 28.6 %
The firm’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The stock has a market capitalization of C$30.61 million, a P/E ratio of -4.50 and a beta of 0.68. The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36.
About PPX Mining
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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