PPX Mining (CVE:PPX) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of PPX Mining Corp. (CVE:PPX) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.17 and traded as high as C$0.27. PPX Mining shares last traded at C$0.27, with a volume of 1,770,330 shares traded.

PPX Mining Stock Performance

The company has a 50 day moving average price of C$0.29 and a 200-day moving average price of C$0.17. The company has a market cap of C$212.06 million, a P/E ratio of -28.00 and a beta of 2.79. The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74.

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.