Prairie Provident Resources Inc. (TSE:PPR – Get Free Report) shares were up 25% during mid-day trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 92,546 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 184,394 shares. The stock had previously closed at C$0.04.
Prairie Provident Resources Price Performance
The company has a debt-to-equity ratio of 892.89, a current ratio of 0.15 and a quick ratio of 0.28. The stock’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.04. The stock has a market cap of C$46.62 million, a PE ratio of -1.25 and a beta of 2.52.
About Prairie Provident Resources
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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