Providence Gold Mines Inc. (CVE:PHD – Get Free Report) shares rose 40% during mid-day trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 354,665 shares changed hands during mid-day trading, an increase of 253% from the average daily volume of 100,518 shares. The stock had previously closed at C$0.03.
Providence Gold Mines Stock Performance
The company has a market capitalization of C$2.23 million, a P/E ratio of -0.88 and a beta of 1.92. The business has a 50-day moving average of C$0.02 and a 200-day moving average of 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.
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.
See Also
- Five stocks we like better than Providence Gold Mines
- Investing in the High PE Growth Stocks
- Why Seagate Is Wall Street’s New Favorite AI Infrastructure Play
- Expert Stock Trading Psychology Tips
- 3 AI Infrastructure Stocks With Upside After the Summer Rally
- Profitably Trade Stocks at 52-Week Highs
- Can Advantage2 Help Overcome D-Wave’s Share Price Plateau?
Receive News & Ratings for Providence Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Providence Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.
