Prosper Gold (CVE:PGX) Trading Up 10% – Should You Buy?

Prosper Gold Corp. (CVE:PGXGet Free Report)’s stock price shot up 10% during mid-day trading on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. 172,700 shares traded hands during trading, an increase of 99% from the average session volume of 86,888 shares. The stock had previously closed at C$0.10.

Prosper Gold Stock Performance

The company has a debt-to-equity ratio of 2.34, a quick ratio of 2.91 and a current ratio of 5.80. The stock has a market capitalization of C$4.49 million, a P/E ratio of -2.20 and a beta of 1.12. The stock has a 50 day moving average of C$0.09 and a 200 day moving average of C$0.11.

Prosper Gold Company Profile

(Get Free Report)

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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