Probe Gold (CVE:PRB) Trading Down 1.8% – What’s Next?

Probe Gold Inc. (CVE:PRBGet Free Report)’s share price fell 1.8% on Monday . The stock traded as low as C$1.64 and last traded at C$1.65. 21,950 shares were traded during trading, a decline of 58% from the average session volume of 52,782 shares. The stock had previously closed at C$1.68.

Analysts Set New Price Targets

Separately, CIBC reduced their price objective on Probe Gold from C$3.35 to C$2.35 in a research note on Monday, December 2nd.

View Our Latest Research Report on Probe Gold

Probe Gold Price Performance

The firm has a 50-day simple moving average of C$1.65 and a two-hundred day simple moving average of C$1.65. The company has a market capitalization of C$228.67 million and a price-to-earnings ratio of -16.08. The company has a current ratio of 16.90, a quick ratio of 10.23 and a debt-to-equity ratio of 1.28.

About Probe Gold

(Get Free Report)

Probe Metals Inc engages in the acquisition, exploration, and development of gold properties in Canada. The company's principal project is the Val-d'Or East project comprising 1,000 claims covering an area of 436 square kilometers located in the city of Val-d'Or, Quebec. It also holds interest in the Detour Quebec project, which includes approximately 1,434 claims covering ab area of 777 square kilometers located in north of Rouyn-Noranda, Quebec; and 100 % interest in Casa-Cameron project comprising 3 properties covering an area of approximately 169 square kilometers.

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