Prairie Provident Resources (PPR) Reaches New 12-Month Low at $0.12

Share on StockTwits

Prairie Provident Resources Inc (TSE:PPR)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 112473 shares. The stock had previously closed at C$0.12.

A number of equities analysts have issued reports on the company. Cormark lowered their price target on Prairie Provident Resources from C$0.45 to C$0.40 in a research report on Tuesday, April 23rd. Beacon Securities downgraded Prairie Provident Resources from a “buy” rating to a “speculative buy” rating in a research report on Friday, February 1st.

The stock has a market capitalization of $23.20 million and a PE ratio of -0.45. The company has a debt-to-equity ratio of 214.97, a current ratio of 0.61 and a quick ratio of 0.19.

Prairie Provident Resources (TSE:PPR) last released its earnings results on Wednesday, March 27th. The company reported C($0.02) earnings per share for the quarter, beating the consensus estimate of C($0.07) by C$0.05. The firm had revenue of C$13.54 million during the quarter. On average, analysts expect that Prairie Provident Resources Inc will post 0.0500000031250002 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “Prairie Provident Resources (PPR) Reaches New 12-Month Low at $0.12” was first published by Week Herald and is the property of of Week Herald. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of international copyright & trademark laws. The legal version of this piece of content can be accessed at https://weekherald.com/2019/05/15/prairie-provident-resources-ppr-reaches-new-12-month-low-at-0-12.html.

About Prairie Provident Resources (TSE:PPR)

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.

See Also: Trading Ex-Dividend

Receive News & Ratings for Prairie Provident Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prairie Provident Resources and related companies with MarketBeat.com's FREE daily email newsletter.