PPX Mining Corp. (CVE:PPX – Get Free Report) shares were down 11.4% during trading on Thursday . The company traded as low as C$0.20 and last traded at C$0.20. 147,550 shares traded hands during mid-day trading, an increase of 14% from the average session volume of 129,945 shares. The stock had previously closed at C$0.22.
PPX Mining Price Performance
The business has a 50-day moving average of C$0.23 and a two-hundred day moving average of C$0.28. 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 cap of C$169.53 million, a P/E ratio of -4.88 and a beta of 1.52.
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. The company was formerly known as Peruvian Precious Metals Corp. and changed its name to PPX Mining Corp. in August 2016. The company was incorporated in 1987 and is headquartered in Toronto, Canada.
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