Prairie Provident Resources (TSE:PPR) Hits New 52-Week Low – What’s Next?

by · The Cerbat Gem

Prairie Provident Resources Inc. (TSE:PPR – Get Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 65100 shares traded. The stock had previously closed at C$0.03.

Prairie Provident Resources Stock Down 20.0%

The firm has a 50 day moving average price of C$0.02 and a 200-day moving average price of C$0.03. The firm has a market cap of C$28.03 million, a PE ratio of -1.00 and a beta of 0.61. The company has a current ratio of 0.15, a quick ratio of 0.28 and a debt-to-equity ratio of 892.89.

Prairie Provident Resources (TSE:PPR – Get Free Report) last posted its earnings results on Friday, November 14th. The company reported C$0.00 EPS for the quarter. The firm had revenue of C$8.36 million for the quarter. Research analysts forecast that Prairie Provident Resources Inc. will post 0.0801527 EPS for the current fiscal year.

Prairie Provident Resources Company Profile

(Get Free Report)

Prairie Provident Resources Inc is an independent oil and natural gas exploration, development, and production company generating revenue from Oil and natural gas. The company’s operations are primarily focused on the Princess and Michichi areas in Southern Alberta targeting the Ellerslie, Lithic Glauconite and Banff formations, along with an established and proven waterflood project at its Evi property located in the Peace River Arch area of Northern Alberta.

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