Providence Gold Mines Inc. (CVE:PHD – Get Free Report) shares traded up 36.4% during mid-day trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.08. 318,000 shares changed hands during mid-day trading, an increase of 246% from the average session volume of 91,827 shares. The stock had previously closed at C$0.06.
Providence Gold Mines Price Performance
The company has a current ratio of 0.03, a quick ratio of 0.07 and a debt-to-equity ratio of 0.42. The stock has a market cap of C$4.64 million, a PE ratio of -5.00 and a beta of 2.53. The business has a 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.03.
About Providence Gold Mines
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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