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