PPX Mining (CVE:PPX) Sets New 12-Month High - Time to Buy?

Key Points

• PPX Mining Corp. reached a new 52-week high of C$0.19, reflecting a significant increase in stock performance.
• The company has a debt-to-equity ratio of 373.74, indicating a high level of leverage.
• PPX Mining focuses on the exploration of gold and silver deposits in Peru, with its flagship property being the Igor project spanning approximately 1,300 hectares.

PPX Mining Corp. (CVE:PPX - ) reached a new 52-week high on Monday . The company traded as high as C$0.19 and last traded at C$0.19, with a volume of 52140 shares changing hands. The stock had previously closed at C$0.19.

PPX Mining Stock Up 2.6%

The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36. The firm has a market capitalization of C$137.32 million, a price-to-earnings ratio of -19.50 and a beta of 1.73. The stock has a fifty day moving average of C$0.12 and a two-hundred day moving average of C$0.08.

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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