Prairie Provident Resources Inc. (TSE:PPR – Get Free Report)’s share price was up 25% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 92,546 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 184,394 shares. The stock had previously closed at C$0.04.
Prairie Provident Resources Stock Performance
The stock has a market cap of C$46.62 million, a price-to-earnings ratio of -1.25 and a beta of 2.52. The stock’s 50-day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.04. The company has a debt-to-equity ratio of 892.89, a quick ratio of 0.28 and a current ratio of 0.15.
Prairie Provident Resources Company Profile
Prairie Provident Resources Inc engages in the exploration, development, and production of oil and natural gas properties in Alberta. The company explores for light and medium oil, heavy crude oil, conventional natural gas, and natural gas liquids. It principally focuses on the Princess and Michichi areas targeting the Glauconite, Detrital, Ellerslie, Lower Cretaceous Mannville, and Mississippian Banff formations in southeastern Alberta; and the Evi areas targeting the Devonian Slave Point, Gilwood, and Granite Wash formations situated in the Peace River Arch area of northern Alberta.
Featured Articles
- Five stocks we like better than Prairie Provident Resources
- P/E Ratio Calculation: How to Assess Stocks
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- Short Selling: How to Short a Stock
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Receive News & Ratings for Prairie Provident Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prairie Provident Resources and related companies with MarketBeat.com's FREE daily email newsletter.
