PPX Mining (CVE:PPX) Stock Price Up 28.6% – Should You Buy?

Shares of PPX Mining Corp. (CVE:PPXGet Free Report) shot up 28.6% during trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 160,000 shares were traded during trading, an increase of 60% from the average session volume of 99,757 shares. The stock had previously closed at C$0.04.

PPX Mining Stock Performance

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 company’s fifty day moving average is C$0.04 and its 200 day moving average is C$0.04. The company has a market cap of C$30.61 million, a P/E ratio of -4.50 and a beta of 0.68.

PPX Mining Company Profile

(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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