Prosper Gold (CVE:PGX) Trading Down 18.8% – Here’s Why

Prosper Gold Corp. (CVE:PGXGet Free Report)’s stock price was down 18.8% during trading on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 280,435 shares changed hands during mid-day trading, an increase of 251% from the average daily volume of 79,979 shares. The stock had previously closed at C$0.08.

Prosper Gold Stock Down 18.8%

The firm has a market capitalization of C$2.65 million, a price-to-earnings ratio of -1.30 and a beta of 1.12. The stock has a 50 day moving average of C$0.08 and a 200 day moving average of C$0.09. The company has a quick ratio of 2.91, a current ratio of 5.80 and a debt-to-equity ratio of 2.34.

About Prosper Gold

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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.

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