PPX Mining (CVE:PPX) Shares Down 17.8% – What’s Next?

PPX Mining Corp. (CVE:PPXGet Free Report)’s stock price dropped 17.8% during trading on Friday . The stock traded as low as C$0.33 and last traded at C$0.37. Approximately 456,882 shares traded hands during trading, an increase of 174% from the average daily volume of 166,509 shares. The stock had previously closed at C$0.45.

PPX Mining Price Performance

The firm’s 50 day moving average is C$0.19 and its 200 day moving average is C$0.11. The firm has a market cap of C$295.76 million, a P/E ratio of -42.00 and a beta of 2.31. The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36.

PPX Mining Company Profile

(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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