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

PPX Mining Corp. (CVE:PPXGet Free Report) shares rose 50% on Wednesday . 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 company has a current ratio of 0.93, a quick ratio of 0.36 and a debt-to-equity ratio of 373.74. The company’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.04. The stock has a market cap of C$30.61 million, a PE ratio of -4.50 and a beta of 0.68.

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.

Further Reading

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