Prairie Provident Resources (TSE:PPR) Sets New 12-Month Low – Should You Sell?

Prairie Provident Resources Inc. (TSE:PPR) hit a new 52-week low during trading on Monday . The company traded as low as C$0.66 and last traded at C$0.59, with a volume of 8166 shares trading hands. The stock had previously closed at C$0.65.

Prairie Provident Resources Price Performance

The stock has a market cap of C$28.03 million, a price-to-earnings ratio of -1.00 and a beta of 0.08. 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 50 day simple moving average is C$0.70 and its two-hundred day simple moving average is C$0.79.

Prairie Provident Resources (TSE:PPR) last released its quarterly earnings data on Friday, November 14th. The company reported C($0.15) EPS for the quarter. The firm had revenue of C$8.36 million for the quarter. On average, analysts forecast that Prairie Provident Resources Inc. will post 0.0801527 earnings per share for the current fiscal year.

About Prairie Provident Resources

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.