Shares of PPX Mining Corp. (CVE:PPX – Get 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 were traded during mid-day 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 firm’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The firm has a market capitalization of C$30.61 million, a PE ratio of -4.50 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.
PPX Mining Company Profile
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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