Providence Gold Mines Inc. (CVE:PHD – Get Free Report) shares traded up 20% on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. 580,100 shares changed hands during mid-day trading, an increase of 309% from the average session volume of 141,776 shares. The stock had previously closed at C$0.05.
Providence Gold Mines Price Performance
The business’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The firm has a market capitalization of C$3.10 million, a PE 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.
Providence Gold Mines Company Profile
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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