Prairie Provident Resources Inc. (TSE:PPR – Get Free Report) shares traded up 2.9% on Tuesday . The company traded as high as C$0.35 and last traded at C$0.35. Approximately 505 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 9,635 shares. The stock had previously closed at C$0.34.
Prairie Provident Resources Trading Up 2.9%
The company has a debt-to-equity ratio of 892.88, a quick ratio of 0.28 and a current ratio of 0.15. The company’s 50-day moving average price is C$0.50 and its 200-day moving average price is C$0.50. The firm has a market capitalization of C$16.36 million, a PE ratio of -1.52 and a beta of -0.12.
Prairie Provident Resources (TSE:PPR – Get Free Report) last posted its earnings results on Thursday, May 14th. The company reported C($0.06) EPS for the quarter. The company had revenue of C$9.58 million during the quarter. On average, sell-side analysts expect that Prairie Provident Resources Inc. will post 0.0801527 earnings per share for the current year.
About Prairie Provident Resources
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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