Prairie Provident Resources Inc (TSE:PPR) – Stock analysts at Beacon Securities issued their Q2 2019 earnings estimates for Prairie Provident Resources in a research report issued on Wednesday, May 22nd. Beacon Securities analyst K. Wilson forecasts that the company will post earnings per share of ($0.03) for the quarter. Beacon Securities has a “Hold” rating on the stock. Beacon Securities also issued estimates for Prairie Provident Resources’ Q3 2019 earnings at ($0.03) EPS and Q4 2019 earnings at ($0.03) EPS.

Separately, Cormark cut their target price on shares of Prairie Provident Resources from C$0.45 to C$0.40 in a research note on Tuesday, April 23rd.

PPR opened at C$0.11 on Friday. The firm has a market cap of $19.70 million and a P/E ratio of -0.36. Prairie Provident Resources has a fifty-two week low of C$0.11 and a fifty-two week high of C$0.52. The company has a debt-to-equity ratio of 486.99, a current ratio of 0.59 and a quick ratio of 0.33.

Prairie Provident Resources (TSE:PPR) last posted its earnings results on Wednesday, March 27th. The company reported C($0.02) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C($0.07) by C$0.05. The company had revenue of C$13.54 million for the quarter.

Prairie Provident Resources Company Profile

Prairie Provident Resources Inc explores for and develops oil and natural gas properties primarily in the Western Canadian Sedimentary Basin in Alberta. It explores for light and medium oil with associated natural gas. The company's principal areas include the Wheatland and Princess properties located in Southern Alberta; and the Evi property located in the Peace River Arch area of Northern Alberta.

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