PPX Mining Corp. (CVE:PPX – Get Free Report) rose 13.2% during mid-day trading on Tuesday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 195,000 shares traded hands during trading, an increase of 47% from the average daily volume of 132,616 shares. The stock had previously closed at C$0.19.
PPX Mining Trading Down 2.3%
The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74. The stock’s 50 day moving average price is C$0.24 and its 200-day moving average price is C$0.28. The stock has a market capitalization of C$186.92 million, a P/E ratio of -5.38 and a beta of 1.52.
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. The company was formerly known as Peruvian Precious Metals Corp. and changed its name to PPX Mining Corp. in August 2016. The company was incorporated in 1987 and is headquartered in Toronto, Canada.
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