PPX Mining (CVE:PPX) Shares Down 14.3%

PPX Mining Corp. (CVE:PPXGet Free Report) shares fell 14.3% during trading on Monday . The company traded as low as C$0.06 and last traded at C$0.06. 143,000 shares changed hands during trading, a decline of 2% from the average session volume of 145,979 shares. The stock had previously closed at C$0.07.

PPX Mining Price Performance

The stock’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.03. The firm has a market cap of C$44.53 million, a price-to-earnings ratio of 2.50 and a beta of 0.74. The company has a quick ratio of 0.36, a current ratio of 0.70 and a debt-to-equity ratio of 373.74.

PPX Mining Company Profile

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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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