Probe Gold (CVE:PRB) Shares Down 1.8% – Here’s Why

Shares of Probe Gold Inc. (CVE:PRB) fell 1.8% during trading on Tuesday . The stock traded as low as C$1.64 and last traded at C$1.65. 21,950 shares were traded during mid-day trading, a decline of 58% from the average session volume of 52,782 shares. The stock had previously closed at C$1.68.

Probe Gold Trading Down 1.8%

The company has a debt-to-equity ratio of 1.28, a current ratio of 16.90 and a quick ratio of 10.23. The stock has a market capitalization of C$228.67 million and a PE ratio of -16.08. The stock’s 50 day simple moving average is C$1.65 and its two-hundred day simple moving average is C$1.65.

Probe Gold Company Profile

Probe Metals Inc engages in the acquisition, exploration, and development of gold properties in Canada. The company's principal project is the Val-d'Or East project comprising 1,000 claims covering an area of 436 square kilometers located in the city of Val-d'Or, Quebec. It also holds interest in the Detour Quebec project, which includes approximately 1,434 claims covering ab area of 777 square kilometers located in north of Rouyn-Noranda, Quebec; and 100 % interest in Casa-Cameron project comprising 3 properties covering an area of approximately 169 square kilometers.