Shares of PPX Mining Corp. (CVE:PPX – Get Free Report) fell 25% on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. 281,000 shares were traded during mid-day trading, an increase of 155% from the average session volume of 110,174 shares. The stock had previously closed at C$0.04.
PPX Mining Stock Performance
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 firm has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The company has a market capitalization of C$23.81 million, a price-to-earnings ratio of -3.50 and a beta of 0.68.
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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