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

Prosper Gold Corp. (CVE:PGXGet Free Report) shares were down 18.5% on Saturday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 244,900 shares changed hands during 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 Stock Performance

The firm’s 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.11. The stock has a market capitalization of C$4.49 million, a PE 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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