Providence Gold Mines Inc. (CVE:PHD – Get Free Report)’s stock price traded up 66.7% during mid-day trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. 210,000 shares changed hands during trading, an increase of 162% from the average session volume of 80,055 shares. The stock had previously closed at C$0.03.
Providence Gold Mines Price Performance
The company has a quick ratio of 0.07, a current ratio of 0.03 and a debt-to-equity ratio of 0.42. The stock’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The firm has a market capitalization of C$4.02 million, a price-to-earnings ratio of -5.00 and a beta of 2.53.
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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