Prairie Provident Resources Inc. (TSE:PPR – Get Free Report)’s share price was down 4% on Wednesday . The company traded as low as C$0.48 and last traded at C$0.48. Approximately 714 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 10,140 shares. The stock had previously closed at C$0.50.
Prairie Provident Resources Price Performance
The company has a quick ratio of 0.28, a current ratio of 0.15 and a debt-to-equity ratio of 892.89. The business’s 50-day moving average is C$0.50 and its two-hundred day moving average is C$0.54. The company has a market capitalization of C$22.44 million, a P/E ratio of -2.09 and a beta of -0.24.
Prairie Provident Resources (TSE:PPR – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported C($0.06) earnings per share for the quarter. The company had revenue of C$9.58 million for the quarter. As a group, analysts predict that Prairie Provident Resources Inc. will post 0.0801527 earnings per share for the current year.
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.
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