Prosper Gold (CVE:PGX) Shares Down 23.1% – Should You Sell?

Prosper Gold Corp. (CVE:PGX) traded down 23.1% during trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. 1,174,059 shares changed hands during mid-day trading, an increase of 453% from the average session volume of 212,152 shares. The stock had previously closed at C$0.07.

Prosper Gold Stock 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 stock has a market cap of C$3.10 million, a P/E ratio of -1.25 and a beta of 0.52. The firm’s 50-day moving average is C$0.05 and its two-hundred day moving average is C$0.05.

Prosper Gold Company Profile

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. The company was formerly known as Lander Energy Corporation and changed its name to Prosper Gold Corp. in April 2012. Prosper Gold Corp. was incorporated in 2007 and is based in Vancouver, Canada.