PPX Mining Corp. (CVE:PPX – Get Free Report)’s stock price shot up 50% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 395,500 shares changed hands during mid-day trading, an increase of 207% from the average session volume of 128,680 shares. The stock had previously closed at C$0.03.
PPX Mining Stock Up 50.0 %
The firm’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The company has a current ratio of 0.93, a quick ratio of 0.36 and a debt-to-equity ratio of 373.74. The company has a market capitalization of C$30.61 million, a price-to-earnings ratio of -4.50 and a beta of 0.68.
About PPX Mining
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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