PPX Mining (CVE:PPX) Trading Up 28.6% – Time to Buy?

PPX Mining Corp. (CVE:PPXGet Free Report) shares were up 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 were traded 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 Price Performance

The firm has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. 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 company has a market cap of C$30.61 million, a PE ratio of -4.50 and a beta of 0.68.

About PPX Mining

(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.

See Also

Receive News & Ratings for PPX Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PPX Mining and related companies with MarketBeat.com's FREE daily email newsletter.