PPX Mining (CVE:PPX) Stock Price Up 28.6% – Here’s What Happened

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price rose 28.6% during mid-day trading on Thursday . The stock 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 73% from the average daily volume of 92,702 shares. The stock had previously closed at C$0.04.

PPX Mining Stock Up 28.6 %

The firm’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36. The firm has a market capitalization of C$30.61 million, a P/E ratio of -4.50 and a beta of 0.68.

PPX Mining Company Profile

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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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