Prairie Provident Resources Inc. (TSE:PPR – Get Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.05 and traded as low as C$0.05. Prairie Provident Resources shares last traded at C$0.05, with a volume of 397,539 shares changing hands.
Prairie Provident Resources Trading Down 9.1 %
The company has a quick ratio of 0.28, a current ratio of 0.15 and a debt-to-equity ratio of 892.89. The firm has a market cap of C$46.62 million, a price-to-earnings ratio of -1.25 and a beta of 2.52. The business’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.04.
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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