Key Points
- Director Ernest Mast Mast purchased 92,000 PPX Mining shares at an average price of C$0.21, investing C$19,320 and increasing his position by 3.86% to 2,472,727 shares.
- PPX Mining shares opened at C$0.22, with a market capitalization of approximately C$191.3 million. The stock has traded between C$0.10 and C$0.50 over the past year and remains below its 200-day moving average of C$0.25.
- The exploration-stage company focuses on gold and silver properties in Peru, including its flagship 1,300-hectare Igor project.
PPX Mining Corp. (CVE:PPX - Get Free Report) Director Ernest Mast Mast acquired 92,000 shares of the stock in a transaction on Monday, August 10th. The stock was bought at an average price of C$0.21 per share, for a total transaction of C$19,320.00. Following the transaction, the director owned 2,472,727 shares in the company, valued at approximately C$519,272.67. This represents a 3.86% increase in their position.
PPX Mining Price Performance
Shares of CVE PPX opened at C$0.22 on Thursday. The stock has a market capitalization of C$191.27 million, a price-to-earnings ratio of -5.50 and a beta of 1.69. PPX Mining Corp. has a 12 month low of C$0.10 and a 12 month high of C$0.50. The firm's 50 day simple moving average is C$0.21 and its 200-day simple moving average is C$0.25. 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
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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. 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.
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