PPX Mining (CVE:PPX) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of PPX Mining Corp. (CVE:PPXGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.05 and traded as low as C$0.04. PPX Mining shares last traded at C$0.04, with a volume of 85,000 shares traded.

PPX Mining Stock Performance

The firm has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05. The company has a market cap of C$23.81 million, a price-to-earnings ratio of -3.50 and a beta of 0.68. The company has a debt-to-equity ratio of 373.74, a current ratio of 0.93 and a quick ratio of 0.36.

PPX Mining Company Profile

(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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