Prairie Provident Resources (TSE:PPR) Sets New 1-Year Low – Time to Sell?

Prairie Provident Resources Inc. (TSE:PPR)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 65100 shares. The stock had previously closed at C$0.03.

Prairie Provident Resources Stock Performance

The company has a debt-to-equity ratio of 892.89, a quick ratio of 0.28 and a current ratio of 0.15. The firm’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.03. The company has a market cap of C$28.03 million, a PE ratio of -1.00 and a beta of 0.61.

Prairie Provident Resources (TSE:PPR) last announced its quarterly earnings data on Friday, November 14th. The company reported C$0.00 EPS for the quarter. The company had revenue of C$8.36 million for the quarter. On average, research analysts anticipate that Prairie Provident Resources Inc. will post 0.0801527 earnings per share 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.