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

PPX Mining Corp. (CVE:PPXGet Free Report) shares shot up 50% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 395,500 shares were traded during 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 Stock Up 50.0 %

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 business’s 50-day moving average is C$0.04 and its two-hundred day 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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