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PPX Mining (CVE:PPX) Hits New 52-Week High - Still a Buy?

PPX Mining logo with Basic Materials background

PPX Mining Corp. (CVE:PPX - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10, with a volume of 383500 shares traded. The stock had previously closed at C$0.09.

PPX Mining Price Performance

The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74. The stock has a market cap of C$64.61 million, a P/E ratio of -9.50 and a beta of 0.68. The firm has a 50 day moving average price of C$0.07 and a 200 day moving average price of C$0.05.

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.

Further Reading

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