Prosper Gold (CVE:PGX) Trading Down 14.3% – Here’s Why

Shares of Prosper Gold Corp. (CVE:PGXGet Free Report) fell 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 303,750 shares were traded during mid-day trading, an increase of 151% from the average session volume of 121,102 shares. The stock had previously closed at C$0.04.

Prosper Gold Stock Down 14.3%

The company has a quick ratio of 2.91, a current ratio of 5.80 and a debt-to-equity ratio of 2.34. The firm’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The firm has a market cap of C$1.86 million, a P/E ratio of -2.14 and a beta of 0.96.

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. The company was formerly known as Lander Energy Corporation and changed its name to Prosper Gold Corp. in April 2012. Prosper Gold Corp. was incorporated in 2007 and is based in Vancouver, Canada.

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