PPX Mining (CVE:PPX) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

PPX Mining Corp. (CVE:PPXGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.04 and traded as low as C$0.04. PPX Mining shares last traded at C$0.04, with a volume of 60,000 shares traded.

PPX Mining Stock Performance

The stock has a market cap of C$27.21 million, a P/E ratio of -4.00 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. The stock’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04.

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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