Prosper Gold (CVE:PGX) Trading Down 18.5% – Time to Sell?

Prosper Gold Corp. (CVE:PGXGet Free Report) was down 18.5% during mid-day trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 244,900 shares changed hands during mid-day trading, an increase of 175% from the average daily volume of 89,141 shares. The stock had previously closed at C$0.14.

Prosper Gold Trading Down 18.5 %

The business’s fifty day moving average is C$0.10 and its 200-day moving average is C$0.11. The firm has a market cap of C$4.49 million, a P/E ratio of -2.20 and a beta of 1.12. The company has a debt-to-equity ratio of 2.34, a quick ratio of 2.91 and a current ratio of 5.80.

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.

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