Probe Gold (CVE:PRB) Stock Falls 1.8% – Time to Sell?

Shares of Probe Gold Inc. (CVE:PRB – Get Free Report) were down 1.8% on Tuesday. The stock traded as low as C$1.64 and last traded at C$1.65. 21,950 shares traded hands during trading, a decline of 58% from the average daily volume of 52,782 shares. The stock had previously closed at C$1.68.

Probe Gold Price Performance

The company has a 50 day moving average of C$1.65 and a two-hundred day moving average of C$1.65. The firm has a market cap of C$228.67 million and a P/E ratio of -16.08. The company has a quick ratio of 10.23, a current ratio of 16.90 and a debt-to-equity ratio of 1.28.

Probe Gold Company Profile

(Get Free Report)

Probe Metals Inc engages in the acquisition, exploration, and development of gold properties in Canada. The company's principal project is the Val-d'Or East project comprising 1,000 claims covering an area of 436 square kilometers located in the city of Val-d'Or, Quebec. It also holds interest in the Detour Quebec project, which includes approximately 1,434 claims covering ab area of 777 square kilometers located in north of Rouyn-Noranda, Quebec; and 100 % interest in Casa-Cameron project comprising 3 properties covering an area of approximately 169 square kilometers.

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