Prosper Gold (CVE:PGX) Stock Price Down 18.5% – What’s Next?

Prosper Gold Corp. (CVE:PGXGet Free Report) shares dropped 18.5% during trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 244,900 shares changed hands 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 Stock Down 18.5 %

The company has a market cap of C$4.49 million, a price-to-earnings ratio of -2.20 and a beta of 1.12. 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 firm’s fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.11.

Prosper Gold Company Profile

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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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