PPX Mining (CVE:PPX) Shares Up 2.4% – What’s Next?

PPX Mining Corp. (CVE:PPX – Get Free Report) was up 2.4% on Friday. The company traded as high as C$0.21 and last traded at C$0.21. Approximately 6,000 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 112,617 shares. The stock had previously closed at C$0.20.

PPX Mining Stock Performance

The company has a market cap of C$188.96 million, a PE ratio of -7.00 and a beta of 2.30. The stock has a 50 day simple moving average of C$0.24 and a two-hundred day simple moving average of C$0.25. The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36.

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. 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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