PPX Mining Corp. (CVE:PPX – Get Free Report)’s stock price dropped 12.5% on Friday . The company traded as low as C$0.03 and last traded at C$0.04. Approximately 374,000 shares were traded during trading, an increase of 214% from the average daily volume of 118,992 shares. The stock had previously closed at C$0.04.
PPX Mining Trading Down 12.5 %
The stock’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The stock has a market cap of C$23.81 million, a P/E ratio of -3.50 and a beta of 0.68. The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36.
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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