Shares of Prairie Provident Resources Inc. (TSE:PPR – Get Free Report) hit a new 52-week low on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 40259 shares trading hands. The stock had previously closed at C$0.03.
Prairie Provident Resources Stock Performance
The stock has a market capitalization of C$27.97 million, a PE ratio of -0.75 and a beta of 2.52. 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 firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.05.
Prairie Provident Resources Company Profile
Prairie Provident Resources Inc engages in the exploration, development, and production of oil and natural gas properties in Alberta. The company explores for light and medium oil, heavy crude oil, conventional natural gas, and natural gas liquids. It principally focuses on the Princess and Michichi areas targeting the Glauconite, Detrital, Ellerslie, Lower Cretaceous Mannville, and Mississippian Banff formations in southeastern Alberta; and the Evi areas targeting the Devonian Slave Point, Gilwood, and Granite Wash formations situated in the Peace River Arch area of northern Alberta.
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