PPX Mining (CVE:PPX) Reaches New 12-Month High - What's Next?

Key Points

• PPX Mining Corp. reached a new 52-week high of C$0.27, closing at C$0.26 with a trading volume of 97,000 shares.
• The company has a market cap of C$179.57 million and a P/E ratio of -25.50, indicating challenging profitability metrics.
• PPX Mining is actively engaged in the exploration of gold and silver deposits in Peru, with its flagship Igor project covering about 1,300 hectares.

PPX Mining Corp. (CVE:PPX - )'s stock price reached a new 52-week high on Monday . The stock traded as high as C$0.27 and last traded at C$0.26, with a volume of 97000 shares changing hands. The stock had previously closed at C$0.25.

PPX Mining Stock Performance

The company's 50-day moving average price is C$0.14 and its two-hundred day moving average price is C$0.09. The company has a market cap of C$179.57 million, a P/E ratio of -25.50 and a beta of 1.73. The company has a current ratio of 0.93, a quick ratio of 0.36 and a debt-to-equity ratio of 373.74.

PPX Mining Company Profile

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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