PPX Mining (CVE:PPX) Director Buys C$19,320.00 in Stock

PPX Mining Corp. (CVE:PPX) Director Ernest Mast Mast purchased 92,000 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was acquired at an average cost of C$0.21 per share, with a total value of C$19,320.00. Following the transaction, the director directly owned 2,472,727 shares in the company, valued at C$519,272.67. This trade represents a 3.86% increase in their ownership of the stock.

PPX Mining Stock Down 2.2%

Shares of CVE:PPX traded down C$0.01 during trading on Wednesday, hitting C$0.22. The company’s stock had a trading volume of 33,300 shares, compared to its average volume of 121,734. PPX Mining Corp. has a fifty-two week low of C$0.10 and a fifty-two week high of C$0.50. The business has a 50 day moving average price of C$0.21 and a two-hundred day moving average price of C$0.26. 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 company has a market capitalization of C$191.27 million, a PE ratio of -5.50 and a beta of 1.69.

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. The company was formerly known as Peruvian Precious Metals Corp. and changed its name to PPX Mining Corp. in August 2016. The company was incorporated in 1987 and is headquartered in Toronto, Canada.