Shares of Providence Gold Mines Inc. (CVE:PHD – Get Free Report) were up 36.4% on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.08. Approximately 318,000 shares traded hands during trading, an increase of 246% from the average daily volume of 91,827 shares. The stock had previously closed at C$0.06.
Providence Gold Mines Stock Down 20.0 %
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 firm has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.03. The firm has a market capitalization of C$3.71 million, a price-to-earnings ratio of -5.00 and a beta of 2.53.
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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