Providence Gold Mines Inc. (CVE:PHD – Get Free Report)’s stock price traded up 66.7% during trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 210,000 shares traded hands during trading, an increase of 162% from the average session volume of 80,055 shares. The stock had previously closed at C$0.03.
Providence Gold Mines Stock Performance
The firm’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The company 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 current ratio of 0.03, a quick ratio of 0.07 and a debt-to-equity ratio of 0.42.
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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