Providence Gold Mines Inc. (CVE:PHD – Get Free Report)’s stock price fell 27.3% during mid-day trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 203,000 shares changed hands during trading, an increase of 106% from the average session volume of 98,660 shares. The stock had previously closed at C$0.06.
Providence Gold Mines Stock Down 27.3%
The firm has a market cap of C$2.54 million, a price-to-earnings ratio of -1.00 and a beta of 2.67. 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 firm has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.03.
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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