Prophecy Development (TSE:PCY) Stock Passes Above 50 Day Moving Average of $0.10

Prophecy Development Corp (TSE:PCY – Get Rating)’s stock price crossed above its 50-day moving average during trading on Tuesday . 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 trading hands.
Prophecy Development Stock Performance
The company’s 50 day simple moving average is C$0.10. The stock has a market cap of C$12.29 million and a PE ratio of -0.84. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.40 and a quick ratio of 1.22.
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.