PPX Mining (CVE:PPX) Shares Down 12.5% – What’s Next?

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price fell 12.5% on Friday . The stock traded as low as C$0.03 and last traded at C$0.04. 374,000 shares traded hands during mid-day trading, an increase of 214% from the average session volume of 118,992 shares. The stock had previously closed at C$0.04.

PPX Mining Price Performance

The company has a market cap of C$23.81 million, a P/E ratio of -3.50 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. The firm’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04.

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.

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