PPX Mining (CVE:PPX) Trading 14.3% Higher – Should You Buy?

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price rose 14.3% during trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 151,156 shares were traded during trading, an increase of 2% from the average daily volume of 147,487 shares. The stock had previously closed at C$0.04.

PPX Mining Price Performance

The company has a debt-to-equity ratio of 373.74, a quick ratio of 0.36 and a current ratio of 0.93. The firm has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The firm has a market cap of C$27.21 million, a PE 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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