Prosper Gold (CVE:PGX) Shares Down 18.5% – Should You Sell?

Prosper Gold Corp. (CVE:PGX)’s stock price was down 18.5% on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 244,900 shares were traded 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 Price Performance

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 has a fifty day moving average price of C$0.10 and a two-hundred day moving average price of C$0.11. The stock has a market capitalization of C$4.49 million, a P/E ratio of -2.20 and a beta of 1.12.

About Prosper Gold

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.