PPX Mining (CVE:PPX) Stock Price Up 28.6% – Still a Buy?

PPX Mining Corp. (CVE:PPXGet Free Report)’s stock price was up 28.6% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 160,000 shares changed hands during mid-day trading, an increase of 73% from the average daily volume of 92,702 shares. The stock had previously closed at C$0.04.

PPX Mining Stock Down 11.1 %

The stock has a market cap of C$27.21 million, a P/E ratio of -4.00 and a beta of 0.68. The company’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. 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

(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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