PPX Mining (CVE:PPX) Trading Up 50% – Still a Buy?

PPX Mining Corp. (CVE:PPXGet Free Report)’s stock price was up 50% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 395,500 shares were traded during trading, an increase of 207% from the average daily volume of 128,680 shares. The stock had previously closed at C$0.03.

PPX Mining Price Performance

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

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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