Providence Gold Mines Inc. (CVE:PHD – Get Free Report) shares were down 27.3% on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 203,000 shares traded hands during mid-day trading, an increase of 106% from the average daily volume of 98,660 shares. The stock had previously closed at C$0.06.
Providence Gold Mines Stock Down 27.3%
The company has a current ratio of 0.03, a quick ratio of 0.07 and a debt-to-equity ratio of 0.42. The stock’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The firm has a market capitalization of C$2.54 million, a P/E ratio of -1.00 and a beta of 2.67.
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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