Shares of PPX Mining Corp. (CVE:PPX – Get Free Report) rose 28.6% during trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 160,000 shares were traded during trading, an increase of 60% from the average daily volume of 99,757 shares. The stock had previously closed at C$0.04.
PPX Mining Stock Performance
The stock has a market capitalization of C$30.61 million, a price-to-earnings ratio of -4.50 and a beta of 0.68. The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74. The company’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.
About PPX Mining
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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