Providence Gold Mines Inc. (CVE:PHD – Get Free Report) shares shot up 28.6% during mid-day trading on Saturday . The stock traded as high as C$0.05 and last traded at C$0.05. 245,000 shares traded hands during mid-day trading, an increase of 147% from the average session volume of 99,160 shares. The stock had previously closed at C$0.04.
Providence Gold Mines Stock Performance
The stock has a market capitalization of C$2.86 million, a P/E ratio of -1.13 and a beta of 2.67. The company has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.03 and a quick ratio of 0.07.
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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