Prophecy Development Corp (TSE:PCY) was up 4.2% on Thursday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 147,450 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 297,826 shares. The stock had previously closed at C$0.24.
The company has a market cap of $21.92 million and a price-to-earnings ratio of -0.91.
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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.
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