Ernest Mast Mast Buys 92,000 Shares of PPX Mining (CVE:PPX) Stock

PPX Mining Corp. (CVE:PPX) Director Ernest Mast Mast purchased 92,000 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were purchased at an average price of C$0.21 per share, for a total transaction of C$19,320.00. Following the completion of the purchase, the director directly owned 2,472,727 shares of the company’s stock, valued at C$519,272.67. This represents a 3.86% increase in their ownership of the stock.

PPX Mining Trading Down 2.2%

Shares of PPX traded down C$0.01 during midday trading on Wednesday, hitting C$0.22. 33,300 shares of the stock were exchanged, compared to its average volume of 121,734. PPX Mining Corp. has a 52-week low of C$0.10 and a 52-week high of C$0.50. The stock has a fifty day simple moving average of C$0.21 and a 200 day simple moving average of C$0.26. The firm has a market cap of C$191.27 million, a P/E ratio of -5.50 and a beta of 1.69. The company has a debt-to-equity ratio of 373.74, a quick ratio of 0.36 and a current ratio of 0.93.

About PPX Mining

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.