Providence Resources (PVR) Trading Up 8.7%
Providence Resources P.l.c. (LON:PVR) shares were up 8.7% during mid-day trading on Wednesday . The company traded as high as GBX 14 ($0.18) and last traded at GBX 14 ($0.18). Approximately 722,149 shares traded hands during trading, a decline of 9% from the average daily volume of 795,075 shares. The stock had previously closed at GBX 12.88 ($0.17).
The firm has a market capitalization of $76.20 million and a price-to-earnings ratio of -3.36.
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Providence Resources P.l.c. operates as an oil and gas exploration company. The company operates through two segments, UK Exploration Assets and Republic of Ireland Exploration Assets. Its exploration assets are located in the Celtic Sea Basin, Kish Bank Basin, Northern Porcupine Basin, Southern Porcupine Basin, Goban Spur Basin, and St.
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