Providence Gold Mines Inc. (CVE:PHD – Get Free Report) was up 25% during trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 239,000 shares traded hands during mid-day trading, an increase of 139% from the average daily volume of 99,922 shares. The stock had previously closed at C$0.02.
Providence Gold Mines Price Performance
The business’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.03. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.03 and a quick ratio of 0.07. The company has a market cap of C$1.59 million, a PE ratio of -0.63 and a beta of 1.92.
Providence Gold Mines Company Profile
Providence Gold Mines Inc, an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties located in Canada and the United States. The company primarily explores for gold ores. It holds interests in the Providence Mines Property, consisting 7 patented staked mineral claims and 22 located claims, covering an area of approximately 324 acres located in the Summerville Mining District, Sonora, California.
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