Prairie Provident Resources (TSE:PPR) Share Price Passes Below Fifty Day Moving Average of $0.07

Prairie Provident Resources Inc. (TSE:PPR) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.07 and traded as low as C$0.07. Prairie Provident Resources shares last traded at C$0.07, with a volume of 74,914 shares.

Prairie Provident Resources Stock Up 7.7 %

The stock has a market cap of C$50.13 million, a P/E ratio of -1.75 and a beta of 2.75. The company has a current ratio of 0.50, a quick ratio of 0.28 and a debt-to-equity ratio of 892.89. The firm’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.07.

Prairie Provident Resources (TSE:PPR) last posted its quarterly earnings data on Tuesday, April 2nd. The company reported C($0.03) EPS for the quarter. The firm had revenue of C$18.38 million during the quarter. As a group, equities research analysts forecast that Prairie Provident Resources Inc. will post 0.0801527 EPS for the current year.

Prairie Provident Resources Company Profile

Prairie Provident Resources Inc engages in the exploration, development, and production of oil and natural gas properties in Alberta. The company explores for light and medium oil, heavy crude oil, conventional natural gas, and natural gas liquids. It principally focuses on the Princess and Michichi areas targeting the Glauconite, Detrital, Ellerslie, Lower Cretaceous Mannville, and Mississippian Banff formations in southeastern Alberta; and the Evi areas targeting the Devonian Slave Point, Gilwood, and Granite Wash formations situated in the Peace River Arch area of northern Alberta.