PPX Mining (CVE:PPX) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of PPX Mining Corp. (CVE:PPXGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.05 and traded as low as C$0.04. PPX Mining shares last traded at C$0.04, with a volume of 30,000 shares changing hands.

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 stock’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.05. The firm has a market capitalization of C$23.81 million, a PE ratio of -3.50 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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