PPX Mining Corp. (CVE:PPX – Get Free Report) shares rose 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 traded hands during mid-day 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 quick ratio of 0.36 and a current ratio of 0.93. The stock’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The stock has a market cap of C$30.61 million, a price-to-earnings ratio of -4.50 and a beta of 0.68.
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.
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