Shares of Providence Gold Mines Inc. (CVE:PHD – Get Free Report) traded up 36.4% on Monday . The stock traded as high as C$0.10 and last traded at C$0.08. 318,000 shares traded hands during mid-day trading, an increase of 246% from the average session volume of 91,827 shares. The stock had previously closed at C$0.06.
Providence Gold Mines Stock Up 36.4 %
The stock has a market cap of C$4.64 million, a price-to-earnings ratio of -5.00 and a beta of 2.53. The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.03. The company has a current ratio of 0.03, a quick ratio of 0.07 and a debt-to-equity ratio of 0.42.
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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