Probe Gold (CVE:PRB) Stock Price Down 1.8% – Time to Sell?

Probe Gold Inc. (CVE:PRB – Get Free Report) fell 1.8% during mid-day trading on Tuesday. The stock traded as low as C$1.64 and last traded at C$1.65. Approximately 21,950 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 52,782 shares. The stock had previously closed at C$1.68.

Probe Gold Price Performance

The company has a market cap of C$228.67 million and a price-to-earnings ratio of -16.08. The company has a current ratio of 16.90, a quick ratio of 10.23 and a debt-to-equity ratio of 1.28. The business has a 50-day moving average price of C$1.65 and a 200 day moving average price of C$1.65.

About Probe Gold

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Probe Metals Inc engages in the acquisition, exploration, and development of gold properties in Canada. The company's principal project is the Val-d'Or East project comprising 1,000 claims covering an area of 436 square kilometers located in the city of Val-d'Or, Quebec. It also holds interest in the Detour Quebec project, which includes approximately 1,434 claims covering ab area of 777 square kilometers located in north of Rouyn-Noranda, Quebec; and 100 % interest in Casa-Cameron project comprising 3 properties covering an area of approximately 169 square kilometers.

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