Prosper Gold (CVE:PGX) Stock Price Down 23.1% – Here’s Why

Prosper Gold Corp. (CVE:PGXGet Free Report) shares fell 23.1% during mid-day trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. 500,059 shares were traded during trading, an increase of 272% from the average session volume of 134,397 shares. The stock had previously closed at C$0.07.

Prosper Gold Stock Down 23.1%

The stock has a market cap of C$3.10 million, a P/E ratio of -1.25 and a beta of 0.52. 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 company has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.05.

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. The company was formerly known as Lander Energy Corporation and changed its name to Prosper Gold Corp. in April 2012. Prosper Gold Corp. was incorporated in 2007 and is based in Vancouver, Canada.

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