Prairie Provident Resources (TSE:PPR) Shares Up 25% – Here’s What Happened

by · The Cerbat Gem

Prairie Provident Resources Inc. (TSE:PPR – Get Free Report) was up 25% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 1,240,769 shares were traded during trading, an increase of 761% from the average daily volume of 144,097 shares. The stock had previously closed at C$0.02.

Prairie Provident Resources Stock Up 25.0%

The company has a market cap of C$35.04 million, a P/E ratio of -1.25 and a beta of 0.34. The stock has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.03. The company has a debt-to-equity ratio of 892.89, a quick ratio of 0.28 and a current ratio of 0.15.

Prairie Provident Resources (TSE:PPR – Get Free Report) last issued its quarterly earnings results on Friday, November 14th. The company reported C$0.00 EPS for the quarter. The business had revenue of C$8.36 million for the quarter. On average, research analysts anticipate that Prairie Provident Resources Inc. will post 0.0801527 EPS for the current fiscal year.

Prairie Provident Resources Company Profile

(Get Free Report)

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.

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