Free Trial

PPX Mining (CVE:PPX) Trading 8.6% Higher - Time to Buy?

PPX Mining logo with Basic Materials background

Key Points

  • PPX Mining Corp. saw its stock price increase by 8.6%, reaching C$0.38 after closing at C$0.35.
  • The company has a market cap of C$316.88 million, with a significant debt-to-equity ratio of 373.74.
  • PPX Mining focuses on the acquisition and exploration of mineral properties, primarily for gold and silver deposits in Peru, with its flagship project being the Igor property.
  • MarketBeat previews the top five stocks to own by November 1st.

PPX Mining Corp. (CVE:PPX - Get Free Report)'s stock price traded up 8.6% on Wednesday . The company traded as high as C$0.38 and last traded at C$0.38. 124,048 shares traded hands during trading, a decline of 16% from the average session volume of 147,398 shares. The stock had previously closed at C$0.35.

PPX Mining Price Performance

The firm has a market cap of C$316.88 million, a price-to-earnings ratio of -45.00 and a beta of 2.31. The business's 50-day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.10. The company has a current ratio of 0.93, a quick ratio of 0.36 and a debt-to-equity ratio of 373.74.

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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in PPX Mining Right Now?

Before you consider PPX Mining, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PPX Mining wasn't on the list.

While PPX Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.