Prosper Gold (CVE:PGX) Shares Up 28.6% – What’s Next?

Shares of Prosper Gold Corp. (CVE:PGX) rose 28.6% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 517,000 shares were traded during mid-day trading, an increase of 414% from the average daily volume of 100,593 shares. The stock had previously closed at C$0.04.

Prosper Gold Trading Up 28.6%

The business has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.05. The firm has a market capitalization of C$2.79 million, a price-to-earnings ratio of -1.13 and a beta of 0.38. 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

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. The company was formerly known as Lander Energy Corporation and changed its name to Prosper Gold Corp. in April 2012. Prosper Gold Corp. was incorporated in 2007 and is based in Vancouver, Canada.