PPX Mining (CVE:PPX) Shares Up 50% – What’s Next?

PPX Mining Corp. (CVE:PPX) shares traded up 50% during trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 395,500 shares were traded during trading, an increase of 229% from the average session volume of 120,347 shares. The stock had previously closed at C$0.03.

PPX Mining Stock Up 50.0 %

The company 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 debt-to-equity ratio of 373.74, a quick ratio of 0.36 and a current ratio of 0.93. The business has a 50-day simple moving average of C$0.04 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.