Prosper Gold (CVE:PGX) Shares Down 18.5% – Here’s Why

Prosper Gold Corp. (CVE:PGX)’s share price traded down 18.5% on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. 244,900 shares were traded during trading, an increase of 175% from the average session volume of 89,141 shares. The stock had previously closed at C$0.14.

Prosper Gold Stock Performance

The stock has a market capitalization of C$4.49 million, a P/E ratio of -2.20 and a beta of 1.12. 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 50 day simple moving average of C$0.10 and a 200-day simple moving average of C$0.11.

Prosper Gold Company Profile

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.