Prosper Gold (CVE:PGX) Trading Up 28.6% – Here’s Why

Prosper Gold Corp. (CVE:PGX) shares rose 28.6% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 517,000 shares traded hands during mid-day trading, an increase of 414% from the average daily volume of 100,593 shares. The stock had previously closed at C$0.04.

Prosper Gold Stock Up 28.6%

The company has a current ratio of 5.80, a quick ratio of 2.91 and a debt-to-equity ratio of 2.34. The stock has a market cap of C$2.79 million, a P/E ratio of -1.13 and a beta of 0.38. The firm has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.05.

About Prosper Gold

Prosper Gold Corp. acquires, explores, and develops mineral properties in Canada. It explores for copper and gold resources. The company's flagship project is Golden Sidewalk project covering over 160 square kilometres of contiguous mineral claims and mining leases in the western Birch-Uchi Greenstone Belt, approximately 60 km east of Red Lake, Ontario. The company was formerly known as Lander Energy Corporation and changed its name to Prosper Gold Corp. in April 2012. Prosper Gold Corp. was incorporated in 2007 and is based in Vancouver, Canada.