Prosper Gold (CVE:PGX) Trading Down 18.8% – Here’s Why

Prosper Gold Corp. (CVE:PGXGet Free Report)’s share price fell 18.8% on Wednesday . The stock traded as low as C$0.07 and last traded at C$0.07. 280,435 shares were traded during trading, an increase of 251% from the average session volume of 79,979 shares. The stock had previously closed at C$0.08.

Prosper Gold Stock Down 18.8%

The firm has a 50 day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09. 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 market capitalization of C$2.65 million, a price-to-earnings ratio of -1.30 and a beta of 1.12.

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.

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