Shares of Prairie Provident Resources Inc (TSE:PPR) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.12 and last traded at C$0.13, with a volume of 109219 shares trading hands. The stock had previously closed at C$0.12.
PPR has been the topic of several research analyst reports. Beacon Securities lowered Prairie Provident Resources from a “speculative buy” rating to a “hold” rating in a research note on Thursday, March 28th. Cormark dropped their price objective on Prairie Provident Resources from C$0.45 to C$0.40 in a research note on Tuesday, April 23rd.
The company has a quick ratio of 0.33, a current ratio of 0.59 and a debt-to-equity ratio of 486.99. The company has a market cap of $19.70 million and a PE ratio of -0.42.
Prairie Provident Resources (TSE:PPR) last released its quarterly earnings data on Wednesday, March 27th. The company reported C($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of C($0.07) by C$0.05. The business had revenue of C$13.54 million during the quarter. As a group, equities analysts forecast that Prairie Provident Resources Inc will post 0.0518518518518519 earnings per share for the current fiscal year.
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Prairie Provident Resources Company Profile (TSE:PPR)
Prairie Provident Resources Inc explores for and develops oil and natural gas properties primarily in the Western Canadian Sedimentary Basin in Alberta. It explores for light and medium oil with associated natural gas. The company's principal areas include the Wheatland and Princess properties located in Southern Alberta; and the Evi property located in the Peace River Arch area of Northern Alberta.
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