Prosper Gold (CVE:PGX) Shares Up 28.6% – Should You Buy?

by · The Markets Daily

Prosper Gold Corp. (CVE:PGX – Get Free Report) shot up 28.6% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 517,000 shares changed hands during mid-day trading, an increase of 414% from the average session volume of 100,593 shares. The stock had previously closed at C$0.04.

Prosper Gold Trading Up 28.6%

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 business’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05. The stock has a market cap of C$2.79 million, a P/E ratio of -1.13 and a beta of 0.38.

About Prosper Gold

(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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