Prosper Gold (CVE:PGX) Shares Up 28.6% – Time to Buy?

by · The Markets Daily

Prosper Gold Corp. (CVE:PGX – Get Free Report) was up 28.6% during trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 517,000 shares changed hands during mid-day trading, an increase of 414% from the average daily volume of 100,593 shares. The stock had previously closed at C$0.04.

Prosper Gold Price Performance

The stock has a market cap of C$2.79 million, a P/E ratio of -1.13 and a beta of 0.38. The business’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.05. The company has a current ratio of 5.80, a quick ratio of 2.91 and a debt-to-equity ratio of 2.34.

Prosper Gold Company Profile

(Get Free Report)

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.

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