Prosper Gold (CVE:PGX) Shares Down 12.5% – Should You Sell?

Prosper Gold Corp. (CVE:PGX)’s share price traded down 12.5% during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04. 416,500 shares changed hands during mid-day trading, an increase of 324% from the average session volume of 98,337 shares. The stock had previously closed at C$0.04.

Prosper Gold Stock Performance

The firm has a market cap of C$2.17 million, a PE ratio of -0.88 and a beta of 0.38. The business has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.05. The company has a quick ratio of 2.91, a current ratio of 5.80 and a debt-to-equity ratio of 2.34.

Prosper Gold Company Profile

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.