Prosper Gold (CVE:PGX) Stock Price Down 23.1% – Should You Sell?
by Michael Walen · The Markets DailyProsper Gold Corp. (CVE:PGX – Get Free Report)’s stock price was down 23.1% during 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 Stock Down 23.1%
The firm has a market cap of C$3.10 million, a price-to-earnings ratio of -1.25 and a beta of 0.52. The business’s 50-day moving average is C$0.05 and its 200-day moving average is 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.
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.