Prairie Provident Resources (TSE:PPR) Sets New 52-Week Low – What’s Next?

Prairie Provident Resources Inc. (TSE:PPR)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 21335 shares changing hands. The stock had previously closed at C$0.03.

Prairie Provident Resources Price Performance

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’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The stock has a market cap of C$35.04 million, a PE ratio of -1.25 and a beta of 0.61.

Prairie Provident Resources (TSE:PPR) last announced its quarterly earnings results on Friday, November 14th. The company reported C$0.00 earnings per share (EPS) for the quarter. The company had revenue of C$8.36 million during the quarter. As a group, equities analysts expect that Prairie Provident Resources Inc. will post 0.0801527 EPS for the current fiscal year.

Prairie Provident Resources Company Profile

Prairie Provident Resources Inc is an independent oil and natural gas exploration, development, and production company generating revenue from Oil and natural gas. The company’s operations are primarily focused on the Princess and Michichi areas in Southern Alberta targeting the Ellerslie, Lithic Glauconite and Banff formations, along with an established and proven waterflood project at its Evi property located in the Peace River Arch area of Northern Alberta.