Providence Gold Mines Inc. (CVE:PHD – Get Free Report)’s stock price rose 25% during trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 239,000 shares traded hands during trading, an increase of 139% from the average daily volume of 99,922 shares. The stock had previously closed at C$0.02.
Providence Gold Mines Price Performance
The firm has a fifty day moving average price of C$0.02 and a 200-day moving average price of C$0.03. The company has a quick ratio of 0.07, a current ratio of 0.03 and a debt-to-equity ratio of 0.42. The firm has a market cap of C$1.59 million, a price-to-earnings ratio of -0.63 and a beta of 1.92.
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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