Prosper Gold (CVE:PGX) Shares Down 18.5% – Time to Sell?

Prosper Gold Corp. (CVE:PGX) shares fell 18.5% during mid-day trading 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 Down 18.5 %

The firm has a market capitalization of C$4.49 million, a price-to-earnings ratio of -2.20 and a beta of 1.12. The business has a 50 day moving average of C$0.10 and a 200 day moving average of C$0.11. The company has a debt-to-equity ratio of 2.34, a current ratio of 5.80 and a quick ratio of 2.91.

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.