Providence Gold Mines (CVE:PHD) Trading Up 63.6% – Here’s What Happened

Shares of Providence Gold Mines Inc. (CVE:PHDGet Free Report) traded up 63.6% on Monday . The stock traded as high as C$0.10 and last traded at C$0.09. 315,000 shares were traded during trading, an increase of 248% from the average session volume of 90,527 shares. The stock had previously closed at C$0.06.

Providence Gold Mines Price Performance

The stock has a market capitalization of C$4.64 million, a price-to-earnings ratio of -5.00 and a beta of 2.53. 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 has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.03.

Providence Gold Mines Company Profile

(Get Free Report)

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.

Read More

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.