Prophecy Development (TSE:PCY) Shares Cross Above 50 Day Moving Average of $0.10

Prophecy Development Corp (TSE:PCY) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.10 and traded as high as C$0.14. Prophecy Development shares last traded at C$0.10, with a volume of 2,876,921 shares traded.

Prophecy Development Trading Down 23.1 %

The company has a current ratio of 1.40, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78. The company’s fifty day simple moving average is C$0.10. The stock has a market capitalization of C$12.29 million and a P/E ratio of -0.84.

About Prophecy Development

Prophecy Development Corp. engages in the acquisition, exploration, and development of mineral and energy projects. It holds a 100% interest in its operating primary vanadium mine, the Gibellini vanadium project, which is located in Eureka County, Nevada. The company also owns a 100% interest in the Titan vanadium-titanium-iron property located in Ontario, Canada; a 100% interest in the Ulaan Ovoo coal property located in Selenge province, Mongolia; and a 100% interest in the Chandgana Tal coal property and Khavtgai Uul coal property located in Khentii province, Mongolia.