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Prosper Gold's shares surged 28.6% on strong investor interest in its Ontario mining projects.
Prosper Gold (CVE:PGX) shares jumped 28.6% to C$0.05 on Tuesday, with trading volume soaring to 517,000 shares—414% above average—driven by strong investor interest in the junior mining company’s exploration activities.
The Vancouver-based firm, formerly Lander Energy Corporation, focuses on copper and gold projects, led by its Golden Sidewalk property in Ontario.
Despite a negative P/E ratio of -1.13 and a debt-to-equity ratio of 2.34, the stock’s low beta of 0.38 suggests relatively low volatility.
The rally occurred amid a broader uptick in junior mining stocks, though the exact cause remains unspecified.
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Las acciones de Prosper Gold subieron un 28,6% debido al fuerte interés de los inversores en sus proyectos mineros en Ontario.