Prosper Gold (CVE:PGX) Trading Down 23.1% – Time to Sell?

by · The Markets Daily

Shares of Prosper Gold Corp. (CVE:PGXGet Free Report) dropped 23.1% during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 696,059 shares were traded during mid-day trading, an increase of 346% from the average daily volume of 155,986 shares. The stock had previously closed at C$0.07.

Prosper Gold Price Performance

The company has a debt-to-equity ratio of 2.34, a current ratio of 5.80 and a quick ratio of 2.91. The company has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.05. The company has a market capitalization of C$3.10 million, a P/E ratio of -1.25 and a beta of 0.52.

Prosper Gold Company Profile

(Get Free Report)

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.

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