Prairie Provident Resources (TSE:PPR) Reaches New 1-Year Low – Time to Sell?

Prairie Provident Resources Inc. (TSE:PPR) reached a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 80733 shares trading hands. The stock had previously closed at C$0.02.

Prairie Provident Resources Stock Up 25.0%

The company has a debt-to-equity ratio of 892.89, a quick ratio of 0.28 and a current ratio of 0.15. The stock’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03. The company has a market capitalization of C$35.04 million, a price-to-earnings ratio of -2.50 and a beta of 0.34.

Prairie Provident Resources (TSE:PPR) last announced its earnings results on Friday, November 14th. The company reported C$0.00 EPS for the quarter. The firm had revenue of C$8.36 million during the quarter. On average, sell-side analysts anticipate that Prairie Provident Resources Inc. will post 0.0801527 EPS for the current year.

Prairie Provident Resources Company Profile

Prairie Provident Resources Inc is an independent oil and natural gas exploration, development, and production company generating revenue from Oil and natural gas. The company’s operations are primarily focused on the Princess and Michichi areas in Southern Alberta targeting the Ellerslie, Lithic Glauconite and Banff formations, along with an established and proven waterflood project at its Evi property located in the Peace River Arch area of Northern Alberta.