PPX Mining (CVE:PPX) Shares Up 50% – Here’s What Happened

PPX Mining Corp. (CVE:PPXGet Free Report)’s stock price shot up 50% during mid-day trading on Tuesday . The company 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 Trading Up 50.0 %

The business has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The company has a debt-to-equity ratio of 373.74, a quick ratio of 0.36 and a current ratio of 0.93. The firm has a market capitalization of C$30.61 million, a price-to-earnings 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.

Read More

Receive News & Ratings for PPX Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PPX Mining and related companies with MarketBeat.com's FREE daily email newsletter.