Prairie Provident Resources (TSE:PPR) Hits New 52-Week Low at $0.03

Shares of Prairie Provident Resources Inc. (TSE:PPR) reached a new 52-week low on Friday . The company traded as low as C$0.03 and last traded at C$0.04, with a volume of 4258 shares changing hands. The stock had previously closed at C$0.04.

Prairie Provident Resources Price Performance

The firm has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.06. The firm has a market capitalization of C$21.48 million, a PE ratio of -0.50 and a beta of 2.52. The company has a debt-to-equity ratio of 892.89, a current ratio of 0.15 and a quick ratio of 0.28.

Prairie Provident Resources (TSE:PPR) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$9.49 million for the quarter. As a group, equities analysts forecast that Prairie Provident Resources Inc. will post 0.0801527 earnings per share for the current year.

About Prairie Provident Resources

Prairie Provident Resources Inc engages in the exploration, development, and production of oil and natural gas properties in Alberta. The company explores for light and medium oil, heavy crude oil, conventional natural gas, and natural gas liquids. It principally focuses on the Princess and Michichi areas targeting the Glauconite, Detrital, Ellerslie, Lower Cretaceous Mannville, and Mississippian Banff formations in southeastern Alberta; and the Evi areas targeting the Devonian Slave Point, Gilwood, and Granite Wash formations situated in the Peace River Arch area of northern Alberta.