Providence Gold Mines Inc. (CVE:PHD – Get Free Report)’s share price was down 33.3% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 519,000 shares changed hands during mid-day trading, an increase of 373% from the average daily volume of 109,692 shares. The stock had previously closed at C$0.03.
Providence Gold Mines Stock Down 33.3 %
The stock has a market cap of C$1.24 million, a P/E ratio of -5.00 and a beta of 2.53. 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 company has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.04.
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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