Prairie Provident Resources Inc. (TSE:PPR – Get Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.54 and traded as low as C$0.41. Prairie Provident Resources shares last traded at C$0.46, with a volume of 15,197 shares traded.
Prairie Provident Resources Trading Down 2.1%
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 firm has a market cap of C$21.49 million, a PE ratio of -0.77 and a beta of -0.41. The company’s 50 day moving average price is C$0.54 and its 200 day moving average price is C$0.68.
Prairie Provident Resources Company Profile
Prairie Provident is a Calgary-based company engaged in the development of oil and natural gas properties in Alberta. The Company’s strategy is to optimize cash flow from its existing assets to fund low-risk development and maintain stable cash flow while limiting its production decline.
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