Prairie Provident Resources (TSE:PPR) Releases Earnings Results

Prairie Provident Resources (TSE:PPR) announced its quarterly earnings data on Tuesday. The company reported C($0.01) earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$7.67 million during the quarter.

Prairie Provident Resources Price Performance

Shares of TSE PPR opened at C$0.35 on Wednesday. The business’s 50 day moving average price is C$0.44 and its 200 day moving average price is C$0.62. The firm has a market cap of C$16.35 million, a P/E ratio of -0.58 and a beta of -0.27. Prairie Provident Resources has a 52 week low of C$0.30 and a 52 week high of C$1.28. The company has a quick ratio of 0.28, a current ratio of 0.15 and a debt-to-equity ratio of 892.89.

Prairie Provident Resources Company Profile

Prairie Provident is a Calgary-based company engaged in the development of oil and natural gas properties in Alberta. The Company’s strategy is to optimize cash flow from its existing assets to fund low-risk development and maintain stable cash flow while limiting its production decline.