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PPX Mining (CVE:PPX) Sets New 52-Week High - Time to Buy?

PPX Mining logo with Basic Materials background

PPX Mining Corp. (CVE:PPX - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10, with a volume of 29000 shares changing hands. The stock had previously closed at C$0.10.

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 company has a market cap of C$68.02 million, a price-to-earnings ratio of -10.00 and a beta of 0.68. The stock's 50-day simple moving average is C$0.07 and its 200 day simple moving average is 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.

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