PPX Mining (CVE:PPX) Trading 50% Higher – Should You Buy?

PPX Mining Corp. (CVE:PPXGet Free Report) rose 50% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 395,500 shares were traded during trading, an increase of 229% from the average daily volume of 120,347 shares. The stock had previously closed at C$0.03.

PPX Mining Stock Performance

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. 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 has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average 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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