Prosper Gold (CVE:PGX) Trading Down 23.1% – Here’s Why
by Renee Jackson · The Cerbat GemProsper Gold Corp. (CVE:PGX – Get Free Report) dropped 23.1% during mid-day trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 1,174,059 shares traded hands during mid-day trading, an increase of 453% from the average daily volume of 212,152 shares. The stock had previously closed at C$0.07.
Prosper Gold Price Performance
The stock has a 50 day moving average of C$0.05 and a 200-day moving average of C$0.05. The company has a debt-to-equity ratio of 2.34, a quick ratio of 2.91 and a current ratio of 5.80. The company has a market cap of C$3.10 million, a PE ratio of -1.25 and a beta of 0.52.
About Prosper Gold
Prosper Gold Corp. acquires, explores, and develops mineral properties in Canada. It explores for copper and gold resources. The company's flagship project is Golden Sidewalk project covering over 160 square kilometres of contiguous mineral claims and mining leases in the western Birch-Uchi Greenstone Belt, approximately 60 km east of Red Lake, Ontario. The company was formerly known as Lander Energy Corporation and changed its name to Prosper Gold Corp. in April 2012. Prosper Gold Corp. was incorporated in 2007 and is based in Vancouver, Canada.