Prosper Gold (CVE:PGX) Trading Down 18.5% – Should You Sell?

Prosper Gold Corp. (CVE:PGX)’s share price was down 18.5% during mid-day trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 244,900 shares were traded during trading, an increase of 175% from the average daily volume of 89,141 shares. The stock had previously closed at C$0.14.

Prosper Gold Trading Down 18.5 %

The business’s 50 day moving average price is C$0.10 and its two-hundred day moving average price is C$0.11. The company has a current ratio of 5.80, a quick ratio of 2.91 and a debt-to-equity ratio of 2.34. The company has a market capitalization of C$4.49 million, a price-to-earnings ratio of -2.20 and a beta of 1.12.

Prosper Gold Company Profile

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.