Providence Gold Mines Inc. (CVE:PHD – Get Free Report)’s share price was up 36.4% during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.08. Approximately 318,000 shares traded hands during mid-day 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 Up 36.4 %
The firm has a market capitalization of C$4.64 million, a price-to-earnings ratio of -5.00 and a beta of 2.53. The business’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.03. 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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