Providence Gold Mines Inc. (CVE:PHD – Get Free Report) shares were down 10% during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 121,024 shares changed hands during trading, an increase of 94% from the average daily volume of 62,538 shares. The stock had previously closed at C$0.05.
Providence Gold Mines Stock Down 10.0%
The stock has a market cap of C$3.19 million, a price-to-earnings ratio of -1.13 and a beta of 1.25. The business’s fifty day simple moving average is C$0.06 and its 200 day simple moving average is C$0.06. The company has a current ratio of 0.03, a quick ratio of 0.07 and a debt-to-equity ratio of 0.42.
About Providence Gold Mines
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.
Featured Stories
- Five stocks we like better than Providence Gold Mines
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
Receive News & Ratings for Providence Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Providence Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.
