PPX Mining (CVE:PPX) Share Price Crosses Above 200-Day Moving Average – Here’s Why

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.04 and traded as high as C$0.05. PPX Mining shares last traded at C$0.05, with a volume of 1,000 shares.

PPX Mining Trading Up 12.5 %

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 company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74. The company has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.04.

PPX Mining Company Profile

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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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