Providence Gold Mines Inc. (CVE:PHD – Get Free Report)’s share price rose 50% during trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 145,500 shares changed hands during trading, an increase of 44% from the average daily volume of 100,763 shares. The stock had previously closed at C$0.03.
Providence Gold Mines Price Performance
The stock has a market capitalization of C$2.86 million, a P/E ratio of -1.13 and a beta of 1.92. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.03 and a quick ratio of 0.07. The stock’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.03.
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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