PPX Mining (CVE:PPX) Stock Passes Above 200-Day Moving Average – What’s Next?

PPX Mining Corp. (CVE:PPXGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.04 and traded as high as C$0.05. PPX Mining shares last traded at C$0.05, with a volume of 1,000 shares changing hands.

PPX Mining Stock Performance

The stock has a market capitalization of C$30.61 million, a P/E ratio of -4.50 and a beta of 0.68. The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74. The business has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

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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