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

Prosper Gold Corp. (CVE:PGXGet Free Report)’s stock price fell 18.5% during mid-day trading on Saturday . The stock traded as low as C$0.11 and last traded at C$0.11. 244,900 shares were traded during mid-day 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 Price Performance

The company has a debt-to-equity ratio of 2.34, a current ratio of 5.80 and a quick ratio of 2.91. The company has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.11. The firm has a market capitalization of C$4.49 million, a PE ratio of -2.20 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.

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.