PPX Mining Corp. (CVE:PPX – Get Free Report)’s stock price rose 50% during mid-day trading on Wednesday . 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 207% from the average daily volume of 128,680 shares. The stock had previously closed at C$0.03.
PPX Mining Trading Up 50.0 %
The company has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The firm has a market capitalization 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.
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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