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

Prosper Gold Corp. (CVE:PGXGet Free Report)’s share price 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 traded hands 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 stock has a market cap of C$4.49 million, a P/E ratio of -2.20 and a beta of 1.12. The company has a quick ratio of 2.91, a current ratio of 5.80 and a debt-to-equity ratio of 2.34. The business 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

(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.

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