Prairie Provident Resources (TSE:PPR) Releases Quarterly Earnings Results

Prairie Provident Resources (TSE:PPR) released its quarterly earnings data on Wednesday. The company reported C($0.14) EPS for the quarter, FiscalAI reports. The firm had revenue of C$11.67 million during the quarter.

Prairie Provident Resources Stock Performance

Prairie Provident Resources stock opened at C$0.44 on Thursday. The company has a current ratio of 0.15, a quick ratio of 0.28 and a debt-to-equity ratio of 892.88. The firm has a 50-day moving average of C$0.42 and a 200-day moving average of C$0.45. The firm has a market cap of C$20.57 million, a P/E ratio of -1.91 and a beta of -0.25. Prairie Provident Resources has a 1-year low of C$0.30 and a 1-year high of C$1.28.

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.