PPX Mining (CVE:PPX) Shares Up 14.3% – Still a Buy?

Shares of PPX Mining Corp. (CVE:PPX) shot up 14.3% on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 151,156 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 147,487 shares. The stock had previously closed at C$0.04.

PPX Mining Stock Up 14.3 %

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 firm has a market capitalization of C$27.21 million, a P/E ratio of -4.00 and a beta of 0.68. The company has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04.

PPX Mining Company Profile

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.