Providence Gold Mines Inc. (CVE:PHD – Get Free Report)’s share price was down 27.3% during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 203,000 shares changed hands during mid-day trading, an increase of 106% from the average daily volume of 98,660 shares. The stock had previously closed at C$0.06.
Providence Gold Mines Trading Down 27.3%
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 business has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The company has a market cap of C$2.54 million, a price-to-earnings ratio of -1.00 and a beta of 2.67.
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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