Prosper Gold (CVE:PGX) Shares Down 18.8% – Here’s What Happened

Prosper Gold Corp. (CVE:PGX)’s stock price traded down 18.8% on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. 280,435 shares changed hands during trading, an increase of 251% from the average session volume of 79,979 shares. The stock had previously closed at C$0.08.

Prosper Gold Trading Down 18.8%

The company has a current ratio of 5.80, a quick ratio of 2.91 and a debt-to-equity ratio of 2.34. The business has a 50 day moving average price of C$0.08 and a 200-day moving average price of C$0.09. The company has a market cap of C$2.65 million, a P/E ratio of -1.30 and a beta of 1.12.

About Prosper Gold

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.