PPX Mining (CVE:PPX) Trading Up 28.6% – Time to Buy?

Shares of PPX Mining Corp. (CVE:PPXGet Free Report) were up 28.6% during trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 160,000 shares were traded during trading, an increase of 60% from the average daily volume of 99,757 shares. The stock had previously closed at C$0.04.

PPX Mining Stock Performance

The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36. The firm has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The company has a market cap of C$27.21 million, a price-to-earnings ratio of -4.00 and a beta of 0.68.

About PPX Mining

(Get Free Report)

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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