PPX Mining Corp. (CVE:PPX – Get Free Report)’s share price was down 25% during trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 281,000 shares changed hands during mid-day trading, an increase of 155% from the average daily volume of 110,174 shares. The stock had previously closed at C$0.04.
PPX Mining Stock Down 12.5 %
The stock has a market capitalization of C$23.81 million, a price-to-earnings ratio of -3.50 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 stock has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.04.
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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