Prophecy Development (TSE:PCY) Shares Up 8.3%

Shares of Prophecy Development Corp (TSE:PCY) traded up 8.3% during mid-day trading on Friday . The stock traded as high as C$0.26 and last traded at C$0.26, 246,555 shares were traded during mid-day trading. An increase of 13% from the average session volume of 217,953 shares. The stock had previously closed at C$0.24.

The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.77 and a current ratio of 0.85. The firm’s 50 day moving average is C$0.22 and its 200-day moving average is C$0.21. The firm has a market cap of $24.91 million and a price-to-earnings ratio of -2.17.

In other Prophecy Development news, Director John Lee acquired 137,198 shares of Prophecy Development stock in a transaction that occurred on Wednesday, July 3rd. The stock was acquired at an average price of C$0.19 per share, with a total value of C$25,381.63. Following the purchase, the director now owns 13,804,615 shares in the company, valued at C$2,553,853.78. In the last ninety days, insiders purchased 194,198 shares of company stock valued at $35,272 and sold 161,714 shares valued at $38,541.

Prophecy Development Company Profile (TSE:PCY)

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.