Shares of Providence Gold Mines Inc. (CVE:PHD – Get Free Report) reached a new 52-week low during mid-day trading on Friday. The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 13,000 shares changing hands. The stock had previously closed at C$0.04.
Providence Gold Mines Trading Down 33.3%
The stock has a market cap of C$2.12 million, a PE ratio of -1.12 and a beta of 0.71. 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 stock’s fifty day moving average price is C$0.05 and its 200 day moving average price is C$0.05.
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. The company was formerly known as Red Hut Metals Inc and changed its name to Providence Gold Mines Inc in July 2017.
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