Shares of PPX Mining Corp. (CVE:PPX – Get Free Report) rose 28.6% during mid-day trading on Friday . 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 60% from the average daily volume of 99,757 shares. The stock had previously closed at C$0.04.
PPX Mining Price Performance
The company has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04. The firm has a market cap of C$27.21 million, a price-to-earnings ratio of -4.00 and a beta of 0.68. 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
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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