Prairie Provident Resources (TSE:PPR) Sets New 12-Month Low – Time to Sell?

Prairie Provident Resources Inc. (TSE:PPRGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 24955 shares trading hands. The stock had previously closed at C$0.02.

Prairie Provident Resources Stock Performance

The business’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.03. The company has a quick ratio of 0.28, a current ratio of 0.15 and a debt-to-equity ratio of 892.89. The firm has a market capitalization of C$28.03 million, a PE ratio of -2.00 and a beta of 0.34.

Prairie Provident Resources Company Profile

(Get Free Report)

Prairie Provident Resources Inc is an independent oil and natural gas exploration, development, and production company generating revenue from Oil and natural gas. The company’s operations are primarily focused on the Princess and Michichi areas in Southern Alberta targeting the Ellerslie, Lithic Glauconite and Banff formations, along with an established and proven waterflood project at its Evi property located in the Peace River Arch area of Northern Alberta.

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