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PPX Mining (CVE:PPX) Reaches New 1-Year High - Still a Buy?

PPX Mining logo with Basic Materials background

PPX Mining Corp. (CVE:PPX - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.09, with a volume of 19000 shares. The stock had previously closed at C$0.09.

PPX Mining Price Performance

The stock has a 50 day moving average of C$0.06 and a 200-day moving average of C$0.05. 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 stock has a market capitalization of C$64.61 million, a P/E ratio of -9.50 and a beta of 0.68.

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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