Prairie Provident Resources (TSE:PPR) has released an update.
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Prairie Provident Resources reported a significant decrease in production and a net loss for Q2 2024, attributed to asset sales, production declines, and maintenance costs. Despite these challenges, the company has undertaken workover operations to enhance production and remains optimistic about its Basal Quartz drilling opportunities in Alberta, which have shown promising initial production rates.
For further insights into TSE:PPR stock, check out TipRanks’ Stock Analysis page.
