PPX Mining Corp. (CVE:PPX – Get Free Report) dropped 22.2% on Friday . The company traded as low as C$0.33 and last traded at C$0.35. Approximately 919,455 shares changed hands during mid-day trading, an increase of 443% from the average daily volume of 169,427 shares. The stock had previously closed at C$0.45.
PPX Mining Stock Down 6.7%
The firm has a market capitalization of C$295.76 million, a price-to-earnings ratio of -42.00 and a beta of 2.31. The stock has a fifty day moving average of C$0.19 and a two-hundred day moving average of C$0.11. The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36.
PPX Mining Company Profile
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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