PPX Mining (CVE:PPX) Shares Down 12.5% – Here’s What Happened

PPX Mining Corp. (CVE:PPXGet Free Report) shares fell 12.5% on Friday . The company traded as low as C$0.03 and last traded at C$0.04. 291,000 shares traded hands during trading, an increase of 163% from the average session volume of 110,583 shares. The stock had previously closed at C$0.04.

PPX Mining Stock Performance

The company has a market cap of C$23.81 million, a PE ratio of -3.50 and a beta of 0.68. 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 business’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.04.

About PPX Mining

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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.

Further Reading

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