PPX Mining (CVE:PPX) Director Acquires C$19,320.00 in Stock

PPX Mining Corp. (CVE:PPX) Director Ernest Mast Mast purchased 92,000 shares of the stock in a transaction dated Monday, August 10th. The shares were acquired at an average cost of C$0.21 per share, with a total value of C$19,320.00. Following the acquisition, the director directly owned 2,472,727 shares in the company, valued at C$519,272.67. This represents a 3.86% increase in their position.

PPX Mining Price Performance

Shares of PPX stock opened at C$0.23 on Friday. The business has a fifty day simple moving average of C$0.21 and a 200 day simple moving average of C$0.25. The company has a market cap of C$195.62 million, a P/E ratio of -5.62 and a beta of 1.69. The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 373.74. PPX Mining Corp. has a twelve month low of C$0.10 and a twelve month high of C$0.50.

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. The company was formerly known as Peruvian Precious Metals Corp. and changed its name to PPX Mining Corp. in August 2016. The company was incorporated in 1987 and is headquartered in Toronto, Canada.