Prairie Provident Resources (TSE:PPR) Sets New 52-Week Low – Here’s What Happened

Shares of Prairie Provident Resources Inc. (TSE:PPR) reached a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 7292 shares. The stock had previously closed at C$0.02.

Prairie Provident Resources Stock Down 20.0%

The firm has a market capitalization of C$28.03 million, a PE ratio of -1.00 and a beta of 0.34. The company has a current ratio of 0.15, a quick ratio of 0.28 and a debt-to-equity ratio of 892.89. The firm has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.03.

Prairie Provident Resources (TSE:PPR) last posted its quarterly earnings results on Friday, November 14th. The company reported C$0.00 earnings per share (EPS) for the quarter. The firm had revenue of C$8.36 million for the quarter. On average, equities research analysts forecast that Prairie Provident Resources Inc. will post 0.0801527 EPS for the current year.

Prairie Provident Resources Company Profile

Prairie Provident Resources Inc is an independent oil and natural gas exploration, development, and production company generating revenue from Oil and natural gas. The company’s operations are primarily focused on the Princess and Michichi areas in Southern Alberta targeting the Ellerslie, Lithic Glauconite and Banff formations, along with an established and proven waterflood project at its Evi property located in the Peace River Arch area of Northern Alberta.