PPX Mining (CVE:PPX) Trading 28.6% Higher – Still a Buy?

PPX Mining Corp. (CVE:PPXGet Free Report)’s share price traded up 28.6% during trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 160,000 shares traded hands during trading, an increase of 60% from the average session volume of 99,757 shares. The stock had previously closed at C$0.04.

PPX Mining Stock 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 has a market cap of C$30.61 million, a price-to-earnings ratio of -4.50 and a beta of 0.68. The stock has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04.

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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