Prosper Gold (CVE:PGX) Trading Down 23.1% – What’s Next?

Prosper Gold Corp. (CVE:PGX)’s share price dropped 23.1% on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 1,174,059 shares were traded during trading, an increase of 453% from the average daily volume of 212,152 shares. The stock had previously closed at C$0.07.

Prosper Gold Stock Down 23.1%

The company has a debt-to-equity ratio of 2.34, a quick ratio of 2.91 and a current ratio of 5.80. The company has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.05. The firm has a market capitalization of C$3.10 million, a PE ratio of -1.25 and a beta of 0.52.

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.