PPX Mining (CVE:PPX) Trading Up 28.6% – Here’s Why

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price was up 28.6% on Thursday . 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 business has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The firm has a market cap of C$30.61 million, a price-to-earnings ratio of -4.50 and a beta of 0.68. The company has a debt-to-equity ratio of 373.74, a quick ratio of 0.36 and a current ratio of 0.93.

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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