Shares of Prairie Provident Resources Inc. (TSE:PPR – Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.04 and traded as low as C$0.03. Prairie Provident Resources shares last traded at C$0.03, with a volume of 11,403 shares.
Prairie Provident Resources Trading Down 14.3 %
The company has a debt-to-equity ratio of 892.89, a current ratio of 0.15 and a quick ratio of 0.28. The firm has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The firm has a market cap of C$27.97 million, a P/E ratio of -0.75 and a beta of 2.52.
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.
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