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

PPX Mining Corp. (CVE:PPX – Get Free Report) shares traded up 28.6% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 160,000 shares were traded 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 Trading Down 11.1 %

The firm has a market capitalization of C$27.21 million, a price-to-earnings ratio of -4.00 and a beta of 0.68. The company has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The company has a current ratio of 0.93, a quick ratio of 0.36 and a debt-to-equity ratio of 373.74.

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.

Featured Stories

• Five stocks we like better than PPX Mining
• What is the S&P/TSX Index?
• Unity Stock: Is a True Turnaround Finally Taking Shape?
• Investing In Preferred Stock vs. Common Stock
• DuPont’s Electronics Spinoff: The Start of Something Big
• There Are Different Types of Stock To Invest In
• The Trade Desk Crashes on Earnings, But Growth Catalysts Persist