Prosper Gold (CVE:PGX) Shares Down 18.5% – Here’s Why

Shares of Prosper Gold Corp. (CVE:PGXGet Free Report) fell 18.5% during trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. 244,900 shares traded hands during trading, an increase of 175% from the average session volume of 89,141 shares. The stock had previously closed at C$0.14.

Prosper Gold Trading Down 18.5 %

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. The business has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.11. The company has a debt-to-equity ratio of 2.34, a current ratio of 5.80 and a quick ratio of 2.91.

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.

Further Reading

Receive News & Ratings for Prosper Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prosper Gold and related companies with MarketBeat.com's FREE daily email newsletter.