PPX Mining (CVE:PPX) Shares Up 50% – Time to Buy?

PPX Mining Corp. (CVE:PPXGet Free Report) shot up 50% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 395,500 shares changed hands during trading, an increase of 207% from the average session volume of 128,680 shares. The stock had previously closed at C$0.03.

PPX Mining Price Performance

The company has a market cap of C$30.61 million, a PE ratio of -4.50 and a beta of 0.68. The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36. The stock’s 50-day moving average is C$0.04 and its 200 day moving average is 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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