PPX Mining (CVE:PPX) Shares Pass Below 200 Day Moving Average – Should You Sell?

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.04 and traded as low as C$0.04. PPX Mining shares last traded at C$0.04, with a volume of 89,000 shares.

PPX Mining Stock Performance

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 capitalization of C$23.81 million, a P/E 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.

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.

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